Trump’s media and crypto firm just posted a $238 million quarterly loss—here’s where those losses came from | Fortune0

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• August 12, 2026

Even President Donald Trump’s media company couldn’t escape the Bitcoin bear market. In the second quarter of 2026, Trump Media & Technology Group, the company behind businesses such as Truth Social and prediction market platform Truth Predict, reported a $238 million quarterly loss, according to its most recent quarterly report. More than $190 million came