WASHINGTON — Trump Media and Technology Group reported a $360.6 million loss in the first half of 2026, driven by a decline in its cryptocurrency holdings.
The company held 9,477.16 Bitcoin with a fair value of $557.1 million at the close of the second quarter. That marked a 65 Bitcoin reduction from the 9,542.16 Bitcoin reported at the end of March.
A large share of those holdings is locked up. Trump Media pledged 4,260.73 Bitcoin against convertible notes and another 2,077.34 Bitcoin for its Bitcoin options strategy, totaling 6,338.07 BTC—meaning 66.9 percent of its Bitcoin is not freely available.
The company's 756.1 million Cronos tokens were unchanged in quantity during the period, but their fair value dropped to $40.6 million on June 30 from $68 million at the close of 2025.
The results follow Trump Media's decision to terminate a proposed business combination with Crypto.com and Yorkville Acquisition. The parties had intended to establish Trump Media Group CRO Strategy, a publicly traded entity focused on building a large CRO treasury. They cited "prevailing market conditions, and shifting business and stakeholder priorities" as reasons for ending the venture.
A separate partnership was also abandoned, which would have seen Crypto.com service specific planned Yorkville America exchange-traded funds. Yorkville America said its existing and future ETF plans remain unaffected by the termination.
The Donald J. Trump Revocable Trust holds a majority stake in Trump Media. President Donald Trump maintains a significant interest in the trust, which his son, Donald Trump Jr. controls.
