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Shopping for Billions in Bitcoin Couldn’t Save Trump Media From One other Quarterly Loss – Decrypt


In short

  • Trump Media & Know-how Group posted a $54.8 million loss in Q3 2025, pushing DJT inventory to its lowest value in over a 12 months.
  • Returns from Bitcoin and curiosity holdings totaled $28.7 million, however had been outweighed by asset depreciation and authorized prices.
  • The corporate plans to develop into prediction markets with Crypto.com, after investing $2 billion in Bitcoin earlier this 12 months.

President Donald Trump’s media firm reported multi-million greenback losses for the third consecutive quarter this 12 months, a end result that pushed the inventory all the way down to its lowest value in over a 12 months. 

Trump Media & Know-how posted a $54.8 million web loss in 2025’s third quarter, the corporate mentioned Friday—regardless of investing billions of {dollars} this summer season into a large Bitcoin treasury.

Given the corporate has some $3.1 billion in property readily available, the online loss was acquired poorly on Wall Avenue. Trump Media’s inventory (Nasdaq: DJT) has fallen greater than 4% to $12.76 at writing, dipping as little as $12.70. The final time the inventory fell under $13 was in September of 2024.

DJT is down over 16% within the final week, and 25% up to now month.

The corporate’s Bitcoin and money holdings did earn it returns this quarter—simply not sufficient to make up for losses the corporate says had been incurred by components together with the depreciation of its digital asset holdings and authorized charges associated to its 2024 SPAC merger.

All advised, Trump Media generated $15.3 million from Bitcoin-related choice premiums in Q3, and $13.4 million in curiosity from different holdings.

In late July, the corporate—which owns the president’s social media platform, Reality Social—introduced the acquisition of $2 billion price of Bitcoin and Bitcoin-related securities, in a bid to money in on Wall Avenue’s viral digital asset treasury development.

On the time of the announcement, Bitcoin was buying and selling for round $118,000. The world’s prime cryptocurrency has since fallen to $102,324 at writing.

Because the president has pushed aggressively pro-crypto insurance policies this 12 months from the White Home, Trump and his household have moved in lockstep to speculate closely within the booming sector by way of quite a few enterprise ventures.

That synchronicity isn’t just restricted to crypto. As Trump’s CFTC paves the best way for brand new prediction market platforms to reshape retail betting within the U.S., companies tied to the president and his household have gone all-in on the emergent trade. 

In Friday’s Q3 earnings report, Trump Media touted its just lately introduced growth into the “quickly rising predictions market” with Crypto.com as key to the corporate’s roadmap by way of future quarters.

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