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Trump Media Bitcoin loss of $238M didn’t stop a nearly 50% July buying spree

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Trump Media and Technology Group closed the second quarter of 2026 deep in the red, and the reason boils down mostly to one asset: Bitcoin. The company behind Truth Social reported a $238 million net loss for the April-to-June period, a swi…

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Trump Media Bitcoin loss of $238M didn’t stop a nearly 50% July buying spree
Cryptonomist 4h ago

Trump Media Bitcoin loss of $238M didn’t stop a nearly 50% July buying spree

Trump Media and Technology Group closed the second quarter of 2026 deep in the red, and the reason boils down mostly to one asset: Bitcoin. The company behind Truth Social reported a $238 million net loss for the April-to-June period, a swi…