petite6 Jokers Wild Reged: 08/14/06 Posts: 187838 Trump Media Lost $54.8 Million Last Quarter—And Is On Track To Lose Far More (Revenue was $972,900—about what Taylor Swift brought in over 15 minutes on her Eras Tour.) 11/07/25 12:37 PM Edit Reply Quote Topline Trump Media and Technology Group, the parent company of Truth Social and a cryptocurrency treasury, reported a net loss of $54.8 million on $973,000 in revenue in the third quarter of 2025, according to a filing Friday with the Securities and Exchange Commission. Key Facts The company’s bitcoin holdings fell by $48 million. Those losses were partially offset by $33 million in gains in Cronos, another cryptocurrency. Trump Media also racked up $20.3 million in legal fees last quarter, largely incurred as the result of its 2024 merger with Digital World Acquisition Corp., a special purpose acquisition company—a transaction that Trump Media acknowledges was “one of the longest SPAC deals in history.” Revenues of $972,900 were up 10% from the second quarter—but still about what Taylor Swift brought in over 15 minutes on her Eras Tour—and below where they were tracking in 2023, when annual revenues totaled $4.1 million. Stock in Trump Media (NASDAQ: DJT) was trading at a 52-week low of $12.81 as of 10:45 a.m. EST on Friday. Trump Media CEO and President Devin Nunes said the quarter was “crucial” to the company’s expansion plans in a statement, adding “we’ve built up our own robust, uncancellable infrastructure, expanded into new sectors, formed extraordinary partnerships, secured our financial future with a massive bitcoin treasury, and expanded our existing platforms.” https://www.forbes.com/sites/zacheverson/2025/11/07/trump-media-truth-social-djt-tmtg-taylor-swift/ Report Remind Me Link

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