ChTmido

#TrumpMediaPostsOver$238MQ2Loss — The Crypto Treasury Bleeds $DJT.US  reported a Q2 2026 net loss of $238.1M — more than 10x the $20M loss a year ago — on just $1.7M revenue (+89% YoY). The damage is almost entirely non-cash, driven by the crypto drawdown : 💥$BTC holdings: 9,477 coins (down 65 in Q2), fair value $557.1M → $360.6M crypto loss in H1 💥CRO: 756.1M tokens held flat, but fair value fell from $68M to $40.6M 💥Staked exposure: 4,260 BTC collateralized for convertible notes + 2,077 BTC in options strategies 💥Adjusted EBITDA: −$223.5M; ops burned $13.7M cash (incl. $25.6M legal) The timing is brutal: the company killed its Crypto.com + Yorkville merger (the "CRO Strategy" treasury plan) just days before reporting — citing "current market conditions." The new pivot? Truth API — selling traders early access to Truth Social posts (incl. Trump's own) for up to $100K/month. Already 10+ clients, launched Aug 1 (too late for Q2 revenue). Regulators and Democrats are already crying foul over selling access to market-moving info. Takeaway: DJT is now a leveraged bet on Bitcoin recovery wrapped in a meme stock — the $2B treasury (bought July 2025) has become its biggest P&L driver. Stock only fell 0.7% AH. The cult of the stock vs. the reality of the ledger. ⚠️ Informational only, not financial advice. $XRP #KeelClosesUSBitcoinMining #GoldChallenges$4380 #IranNamesRezaeeToHeadSecurityCouncil #USRedirects55VesselsUnderHormuzBlockade