Overview

• Trump Media shares have fallen 48% since Election Day, trailing a 5% gain in the S&P 500 over the same period.
• The parent of Truth Social reported a $32 million loss in Q1 2025 on revenues of only $821,000.
• It has accumulated about $2.5 billion in bitcoin and filed with regulators to launch a bitcoin exchange-traded fund.
• The company announced plans to repurchase up to $400 million of its own shares to bolster the stock price.
• Truth Social’s daily active users more than doubled over the past year to 359,000 but remain a fraction of users on X, Threads and Reddit.