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