President Donald Trump’s media firm has reported multimillion-dollar losses for 3 consecutive quarters this yr, sending its inventory value to its lowest level in additional than a yr.
Trump Media & Expertise introduced Friday that it posted a web lack of $54.8 million within the third quarter of 2025, regardless of investing billions of {dollars} in a large Bitcoin vault this summer season.
The web loss was unpopular on Wall Road, contemplating the corporate has about $3.1 billion in money. Trump Media inventory (NASDAQ: DJT) fell greater than 4% to $12.76 on the time of writing, falling to $12.70. The final time the inventory was under $13 was in September 2024.
DJT is down greater than 16% within the final week and 25% within the final month.
The corporate’s Bitcoin and money holdings did Whereas this quarter’s revenue is in place, it will not be sufficient to offset losses the corporate claims have been incurred on account of elements resembling depreciation of its digital asset holdings and authorized prices associated to its 2024 SPAC merger.
General, Trump Media generated $15.3 million in Bitcoin-related possibility premiums and $13.4 million in curiosity from different holdings within the third quarter.
In late July, the corporate that owns the president’s social media platform Fact Social, price $2 billion It has began promoting Bitcoin and Bitcoin-related securities in a bid to capitalize on Wall Road’s viral digital asset treasury pattern.
On the time of the announcement, Bitcoin was buying and selling at round $118,000. The world’s prime cryptocurrency has since fallen to $102,324 on the time of writing.
As a result of the president actively promoted Encryption advocate coverage This yr, from the White Home, Trump and his household have labored in lockstep to take a position closely in fast-growing sectors. quite a few work enterprise.
That synchronicity isn’t just restricted to cryptocurrencies. As President Trump’s CFTC paves the way in which for brand spanking new prediction market platforms; change form In US retail playing, firms with ties to the president and his household disappeared all in About rising industries.
Throughout Friday’s third-quarter earnings name, Trump Media touted lately introduced outcomes. enlargement Crypto.com is essential to the corporate’s roadmap over the approaching quarters to faucet into the “fast-growing prediction market.”
