Trump Media Q1 2026 Net Loss Reaches $405.9M, Driven by Unrealized Losses in Crypto and Equity Investments

According to Huoxing Finance, Trump Media & Technology Group (TMTG) reported a net loss of $405.9 million for the first quarter of 2026, with unrealized losses on digital assets and equity securities totaling $368.7 million, accounting for the vast majority of the total loss. According to CoinGecko data, TMTG’s cryptocurrency portfolio currently has a market value of $821.9 million, with a cost basis of $1.24 billion, resulting in an overall unrealized loss of approximately $423 million. The portfolio holds 9,542 BTC (valued at $767 million, at an average price of $118,529) and 756 million CRO (valued at $54 million). Bitcoin declined by approximately 22% during the quarter, marking its worst quarterly performance since 2018. Operationally, Truth Social generated only $900,000 in revenue, but operating cash flow reached $17.9 million, marking the fourth consecutive quarter of positive cash flow. The company’s total assets have reached $2.2 billion, nearly triple the $759 million reported a year earlier.