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Trump Media Reports $20 Million Net Loss in Q2, Plans to Launch Utility Tokens and Digital Asset ETFs


2025-08-0410690 Views
 Trump Media, the parent company of Truth Social, had a net loss of $20 million in Q2, with a 3.8% drop in stock price. Of this, about $15 million was related to SPAC merger legal expenses. In July, the company purchased $2 billion worth of Bitcoin, currently the fifth largest publicly traded Bitcoin holder in the world, and plans to launch a utility token tied to Truth Social and Truth+. In addition, its digital asset ETF plan has been submitted to the SEC, with the review postponed until September 18.




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