Trump Media reported a net loss of $238 million for the second quarter. The company's management indicated plans to reassess its digital treasury strategy and allocate more resources toward its core media operations, which include Truth Social, Truth+, and Truth.Fi.
Unrealized losses from digital assets and related securities totaled $190.4 million. Despite these challenges, the company increased its Bitcoin holdings. As of June 30, it managed 9,477.16 BTC, which rose to 12,062 BTC by July 31.