Trump Media Posts Cash Gain Amidst Crypto Investment Losses

Trump Media & Technology Group, parent company of Truth Social, reported a first-quarter 2026 with positive operating cash flow of $17.9 million. The company also revealed substantial financial assets, totaling $2.1 billion, which is triple the amount from the same period in the prior year. These strong financial showings contrast sharply with significant losses stemming from cryptocurrency investments.

The company's investment in digital assets, made at the market's peak last summer, resulted in hundreds of millions of dollars in losses this quarter. Approximately $370 million of these losses are attributed to unrealized liabilities in digital assets and equities. As of the report, Trump Media holds over 9,500 Bitcoin, acquired in July of the previous year at an average price of $108,519 per coin. The company sold 2,000 Bitcoin in late February when prices were just under $70,000.

Adding to recent turbulence, Trump Media's CEO, Devin Nunes, a former Republican congressman, stepped down on April 22. The company's stock has experienced a steep decline, falling more than 90% since early 2022. The stock price has dropped from a high of $97.54 to its current level of $8.93. Trump Media is the parent of the social-media network launched by President Trump after his ban from Twitter following the January 6, 2021 events.