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Trump Media’s Bitcoin Buys Lift Assets to $3.1B Despite $20M Q2 Loss

Sales rose 5.5 percent with diluted losses per share falling to eight cents as the company leans into a Bitcoin-backed balance sheet

Trump's Truth Social reported $883,300 in net sales for the second quarter.
Trump media stock
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Overview

  • Trump Media reported a $19.7 million net loss in the second quarter, up from a $16.4 million loss in Q2 2024
  • Net sales reached $883,300, marking 5.5 percent year-over-year growth despite remaining under $1 million
  • Diluted losses per share declined to $0.08 from $0.10 in the year-ago quarter
  • Total financial assets swelled to approximately $3.1 billion, including $2.4 billion of Bitcoin acquired in July under its $2.5 billion purchase plan
  • Shares rose about 2 percent in premarket trading and Donald Trump’s 52 percent stake is now valued at around $2 billion