Aug 2, 01:26 AM

Trump Media Widens Loss but Amasses $2 Billion Bitcoin Treasury

Trump Media & Technology Group, parent of social platform Truth Social, reported second-quarter 2025 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, generating $2.3 million during the period. The Sarasota-based firm ended the quarter with $3.1 billion in cash, securities and short-term investments, an eight-fold jump from a year earlier. The expansion of its balance sheet was driven largely by a $2.4 billion private placement that funded a Bitcoin treasury strategy; the company said it held roughly $2 billion in Bitcoin and related securities by the end of July, making it one of the largest cryptocurrency treasuries among public companies. Results were weighed down by about $15 million in legal costs stemming from the 2024 merger that took Trump Media public via SPAC. Management said the firm’s liquidity and comparatively low cash burn will finance product rollouts that include a Patriot Package streaming subscription, a utility-token rewards program and filings for several crypto-focused exchange-traded funds.

#Truth Social #Sarasota #Bitcoin #Trump Media #SPAC #Patriot Package

Written with ChatGPT .

Trump Media Widens Loss but Amasses $2 Billion Bitcoin Treasury

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