Trump Media Posts $20M Q2 Net Loss — Stock Hits New Low Despite $2B Bitcoin Treasury

TradingKey – On Friday, August 1, Trump Media & Technology Group (Nasdaq: DJT) reported a $20 million net loss for Q2 2025, sending its stock down 3.81% to $16.92, revisiting its lowest level this year.

Trump Media Stock Chart – Source: TradingView

Despite the loss, Trump Media has transformed into a crypto-first enterprise, now holding 18,400 BTC valued at $2 billion, making it the fifth-largest public Bitcoin holder globally.

• The company raised $2.4 billion via private placement to fund its crypto treasury
• It registered up to $12 billion in new securities for future BTC purchases

Top 10 BTC-Holding Public Companies – Source: CoinGecko

Trump Media has filed multiple spot crypto ETF applications with the SEC, including:

• A Bitcoin-only ETF
• A hybrid Bitcoin & Ethereum ETF, with a 3:1 BTC-to-ETH allocation

Additionally, the company plans to launch a utility token tied to its Truth Social and Truth+ streaming platforms, potentially integrating payments, subscriptions, and rewards into its digital ecosystem.

While Trump Media’s crypto strategy is ambitious, its stock remains highly sensitive to Bitcoin price fluctuations. With BTC recently pulling back from July highs, investor confidence in DJT has weakened.