#binance #hype #zec #near
10/05/26 04:03 UTC-04

Bloomberg Reports Trump Media Posted Over $400 Million Loss in Q1

U.S. President Donald Trump’s company, Trump Media & Technology Group, recorded losses of $405.9 million in the first quarter of 2026 due to unrealized cryptocurrency losses. Bloomberg reported this on May 9.

“The Trump family’s media group reported a net revenue decline of $405.9 million in the first quarter, mainly due to unrealized losses on cryptocurrencies held by the company,” the publication stated.

At the same time, the company’s operating cash flow amounted to $17.9 million, while its financial assets reached $2.1 billion. Approximately $370 million of the losses were linked specifically to digital assets.

Trump Media currently holds more than 9,500 bitcoins, acquired in July of last year at an average price of $108,500. At the end of February, the company sold 2,000 bitcoins.

On May 8, analyst Alexander Baryshnikov noted that Bitcoin corrected after reaching the $82,500 level. However, investors continue monitoring geopolitical developments and the expected leadership change at the U.S. Federal Reserve on May 15. Any signals from the new chair could significantly influence expectations regarding monetary policy and demand for risk assets. Particular attention is also being paid to the situation in the Middle East.

See also: "US Senate Advances Crypto Regulation “Clarity Act”"

#Trump Media #Proof #Losses

Editor: Alyona Nabok
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