Trump Media holds approximately $891 million in Bitcoin, posts Q2 loss of $238 million and adjusts digital asset treasury strategy
2026-08-11 03:35
Odaily Planet Daily News Social media and financial services company Trump Media stated it will adjust its digital asset treasury strategy, allocating more resources to Truth Social, Truth+, and other media businesses while maintaining long-term digital asset exposure and managing market volatility.
Trump Media reported a net loss of $238 million in the second quarter, with unrealized losses on digital assets, staked digital assets, and equity securities totaling $190.4 million. The company disclosed that as of June 30, it held 9,477.16 Bitcoin, with an additional 2,077.34 used as collateral for option strategies.
In July, the company sold Bitcoin-related securities worth $159.6 million and purchased Bitcoin; as of July 31, it held approximately 14,139 Bitcoin including staked Bitcoin, valued at approximately $890.5 million. The company also warned that income arrangements such as lending and allocation involve counterparty credit risk and the risk of assets being unrecoverable. (Cointelegraph)
Trump Media reported a net loss of $238 million in the second quarter, with unrealized losses on digital assets, staked digital assets, and equity securities totaling $190.4 million. The company disclosed that as of June 30, it held 9,477.16 Bitcoin, with an additional 2,077.34 used as collateral for option strategies.
In July, the company sold Bitcoin-related securities worth $159.6 million and purchased Bitcoin; as of July 31, it held approximately 14,139 Bitcoin including staked Bitcoin, valued at approximately $890.5 million. The company also warned that income arrangements such as lending and allocation involve counterparty credit risk and the risk of assets being unrecoverable. (Cointelegraph)
추천 기사
