Trump Media Posts $54.8 Million Q3 Loss as Bitcoin Hoard Grows

Overview

• The company reported a $54.8 million net loss for the quarter, with expenses including $20.3 million in legal costs.
• Quarterly revenue slipped to $972,900, down from just over $1 million a year earlier.
• Trump Media held 11,542 Bitcoin worth roughly $1.3 billion at quarter end, generated $15.3 million from Bitcoin option premiums, and cited $61.1 million in related income year to date, with total financial assets at $3.1 billion by September 30.
• The firm disclosed 746 million Cronos tokens and a venture with Crypto.com and Yorkville that targets up to $1 billion in additional CRO accumulation.
• DJT trades near $13 after a roughly 61–70% slide from prior highs as executives highlight two consecutive quarters of positive operating cash flow and ongoing M&A evaluations.