๐ฐ Trump Media books a $409.7M Q3 profit, and Bitcoin did most of the work
Trump Media & Technology Group, the company behind Truth Social, reported a $409.7 million third-quarter profit, reversing a $238 million loss in Q2. Revenue was just $2.97 million; the gain came mostly from $496.1 million in realized and unrealized gains on digital assets, pledged crypto and securities.
The company held about 15,649 BTC at quarter-end, around 11,385 of them pledged to a program designed to generate additional returns. Its CFO said Bitcoin rose about 42% in the quarter, from roughly $59,000 to $84,000.
DJT shares traded near $4.20 on Tuesday, down 94.7% from their 2024 peak, and the company still shows a $234.2 million net loss for the first nine months of 2026.
โญ Trump Media's earnings now swing with the Bitcoin price, a reminder that corporate BTC treasuries amplify crypto volatility in both directions, especially with BTC near three-month lows this week.
#TrumpMedia #DJT #Bitcoin #BTC #CorporateTreasury
Trump Media & Technology Group, the company behind Truth Social, reported a $409.7 million third-quarter profit, reversing a $238 million loss in Q2. Revenue was just $2.97 million; the gain came mostly from $496.1 million in realized and unrealized gains on digital assets, pledged crypto and securities.
The company held about 15,649 BTC at quarter-end, around 11,385 of them pledged to a program designed to generate additional returns. Its CFO said Bitcoin rose about 42% in the quarter, from roughly $59,000 to $84,000.
DJT shares traded near $4.20 on Tuesday, down 94.7% from their 2024 peak, and the company still shows a $234.2 million net loss for the first nine months of 2026.
โญ Trump Media's earnings now swing with the Bitcoin price, a reminder that corporate BTC treasuries amplify crypto volatility in both directions, especially with BTC near three-month lows this week.
#TrumpMedia #DJT #Bitcoin #BTC #CorporateTreasury
