Trump Media Reports $54.8M Q3 Loss Amid Aggressive Crypto Expansion with Bitcoin and CRO

07.11.2025 17:47 16 sources positive

Trump Media & Technology Group Corp. (DJT) announced a net loss of $54.8 million for the third quarter of 2025, driven by non-cash accounting adjustments, $20.3 million in legal expenses from its SPAC merger, and strategic investments in digital assets. Despite the loss, the company highlighted positive operating cash flow of $10.1 million for the second consecutive quarter and a robust $3.1 billion in total financial assets as of September 2025, a significant increase from $274 million at its public debut in March 2024.

The firm's digital asset strategy is central to its growth, with $61.1 million in combined income year-to-date generated from Bitcoin-related securities and interest on financial holdings. A key move was the acquisition of 684.4 million CRO tokens for approximately $97 million (split between $50 million in cash and $47 million in common stock), staked for additional income. This supports a partnership with Crypto.com to integrate the Cronos blockchain into Trump Media's platforms, including Truth Social and Truth+.

User engagement is being monetized through the introduction of Truth gems, a loyalty program allowing Patriot Package subscribers to convert rewards into CRO via Crypto.com's wallet. CEO Devin Nunes emphasized the company's readiness for mergers and acquisitions, stating, With these financial assets now earning income... we're well-poised to act on our M&A strategy. The company also launched technical upgrades, such as a proprietary content delivery network and AI-powered search, to support its expansion into financial services through Truth.Fi.