Trump Media & Technology Group, the parent of Truth Social and streaming service Truth+, reported second-quarter revenue of $883,300, a 5.5% increase from a year earlier, while its net loss widened to $20 million from $16.4 million. The company logged its first positive operating cash flow, of $2.3 million, and finished the quarter with $3.1 billion in cash, investments and other financial assets—an 800% year-on-year jump. Much of the enlarged balance sheet reflects a $2.4 billion private placement completed in July to fund a Bitcoin treasury strategy. The financing allowed the company to accumulate roughly $2 billion in Bitcoin and related securities, giving it one of the largest cryptocurrency holdings among U.S. public companies. Interest and investment income helped offset an operating loss of $43.5 million, while legal expenses of about $15 million tied to the firm’s 2024 SPAC merger continued to weigh on results. Management said the ample liquidity and low cash-burn rate will support product expansion, including the global rollout of Truth+, a forthcoming Patriot Package subscription that links the company’s media services, and a planned utility token rewards system. Trump Media has also filed registration statements for several cryptocurrency-focused exchange-traded funds. Separately, newly filed Federal Election Commission records show that the cryptocurrency industry donated more than $26 million to Donald Trump’s super PAC, MAGA Inc., in the first half of 2025. Contributors included $5 million from Blockchain.com and $3 million each from venture capitalists Marc Andreessen and Ben Horowitz, underscoring the former president’s growing financial ties to digital-asset backers.