ME News reports that on May 10 (UTC+8), Trump Media & Technology Group (TMTG) released its Q1 2026 financial results, reporting a net loss of $405.9 million and revenue of $871,200, widening significantly from a $31.7 million loss in the same period last year, due to unrealized losses on its cryptocurrency holdings. During the reporting period, TMTG held 9,542 bitcoins valued at $767 million, with an average purchase cost of $118,529 per bitcoin. The company also held 756.1 million CRO tokens, with a cost basis of $113.9 million and a fair value of $530 million. Additionally, TMTG held 4,000 bitcoin covered call options to hedge against cryptocurrency volatility, requiring 2,000 bitcoins as collateral. (Source: Foresight News)
Trump Media Group reports $405.9M net loss and $400M crypto investment loss for Q1 2026
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Summary
Trump Media & Technology Group (TMTG) reported a Q1 2026 net loss of $405.9 million, including $400 million in unrealized losses from BTC valuation adjustments. The company holds 9,542 BTC (fair value: $767 million) and 756.1 million CRO (fair value: $53 million). Today’s BTC news highlights the use of 4,000 BTC in covered call options to hedge against price volatility.
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