Trump Media and Technology Group (DJT), the social media firm backed by former U.S. President Donald Trump, reported a significant quarterly net loss even as it highlighted substantial income from its cryptocurrency strategy and deepened its digital asset ventures.
The company posted a net loss of $54.8 million for the third quarter of 2025, according to financial results released on Friday. Despite these difficulties, it generated $15.3 million in revenue from Bitcoin-based options premiums during the period.
Trump Media currently holds 15,000 Bitcoin (BTC), acquired since May, which are valued at approximately $1.5 billion. Its total assets stand at $3.1 billion, a figure consistent with the previous quarter.
📉 Trump Media reports losses of USD $54.8 million in the third quarter.
Despite its difficulties, it generated revenues of USD $15.3 million thanks to Bitcoin.
The company holds 15,000 BTC valued at more than USD $1.5 billion.
Legal costs and non-monetary losses…— Diario฿itcoin (@DiarioBitcoin) November 10, 2023
This marks the third consecutive quarter of losses for DJT. Following the announcement, the company’s shares fell by more than 3% to $12.90. In the last month, DJT shares have declined by nearly 25%, and by over 62% year-to-date, according to data from Google Finance cited by The Block.
The quarterly loss is partly attributed to $20.3 million in legal expenses. These costs largely stem from its 2024 merger with a special purpose acquisition company (SPAC), an operation the company described as “one of the longest mergers in history.”
Additionally, the conglomerate reported $54.1 million in non-monetary losses. These were linked to changes in the fair value of its digital holdings, stock compensation, unrealized losses on marketable securities and options contracts, and depreciation and amortization.
Devin Nunes, President and CEO of Trump Media, expressed confidence in the company’s financial position. He stated that financial assets are now generating income, alongside a second consecutive quarter of positive operating cash flow.
Nunes said the company is “well positioned to execute our mergers and acquisitions strategy.” He indicated that Trump Media is evaluating the acquisition of “one or more crown jewel assets” that would provide long-term value to shareholders.
Trump Media also expanded its partnership with Crypto.com during the quarter. The company purchased over 684 million CRO, Crypto.com’s native token, using $50 million in cash and $47 million in common shares.
The collaboration includes developing the “Truth Predict” prediction market, powered by Crypto.com’s infrastructure. Trump Media is also integrating CRO rewards into its Truth Social network and establishing a subsidiary, “Trump Media Group CRO Strategy, Inc.” This new entity aims to become “the first and largest public company with a CRO treasury.”
Trump Media is part of a broader push into the cryptocurrency world by the Trump family. Former President Trump and his children are linked to World Liberty Financial, a DeFi and stablecoin project, as well as a U.S.-based Bitcoin mining company and other related ventures.
The Financial Times has estimated that the Trump family has accrued more than $1 billion in gains through its various cryptocurrency businesses.