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Trump’s TMTG reports $3.1B assets, $20M loss in Q2 report

Trump’s TMTG reports $3.1B assets, $20M loss in Q2 report

CryptopolitanCryptopolitan2025/08/02 16:20
By:By Hannah Collymore

Share link:In this post: Trump Media & Technology Group reported a net loss of $20 million on net sales of $883,300 for Q2 2025. Donald Trump owns 52% of TMTG through a revocable trust, with his stake valued at approximately $1.9 billion. TMTG attributed its Q2 results to various factors, but the most notable one is reportedly its Bitcoin treasury.

Trump Media & Technology Group (TMTG), the parent company of Truth Social, has shared its Q2 2025 financial results, and it boasted an increase in net sales for the second quarter but also an increase in net loss according to its 10-Q filing with the SEC. 

TMTG’s net sales this past quarter were $883,300, a value that reflects a 5.5% increase year-over-year, while the net loss was $20 million, a couple of figures higher than the $16.4 million it recorded the same quarter a year ago.

TMTG’s assets grew in the second quarter

According to a statement from the company, its net loss included non-cash expenses for stock-based compensation, depreciation and amortization, as well as interest expense and income taxes.

Its operating loss rose to $43.5 million for Q2, but this was partially offset by an interest income of $16.8 million and investment income of $11.1 million. The company’s interest expense was pegged at $4.1 million.

As previously reported by Cryptopolitan , Trump Media ended the second quarter with financial assets of approximately $3.1 billion, representing an approximately 800% year-over-year increase in financial assets.

TMTG now looks forward to a future in which this level of liquidity and financial freedom, in conjunction with Trump Media’s low operating costs and low cash burn rate, will fully enable it to pursue its expansion plans, which include enhancing its existing platforms, launching new fintech and financial services products, and pursuing potential mergers and acquisitions.

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TMTG’s Bitcoin treasury business contributed the most to its balance sheet

TMTG identified the ability to raise nearly $2.4 billion for its Bitcoin treasury strategy as the biggest factor that contributed to the growth of Trump Media’s balance sheet. The fundraise was achieved via a private placement offering backed by about 50 institutional investors, according to the company.

As things stand, Trump Media has one of the largest Bitcoin treasuries of any public firm, having accumulated approximately $2 billion in Bitcoin and Bitcoin-related securities in July 2025.

Other benefits the treasury strategy has afforded the company include enabling Trump Media to expose its investors indirectly to cryptocurrencies, creating investment income, and helping to position the company for expansion while solidifying its financial freedom and enhancing security against debanking and other acts of political discrimination.

Trump owned 114.75 million of TMTG’s outstanding shares through a revocable trust as far back as February. As of the close of market trading on Friday, that stake is worth about $1.9 billion even though  TMTG shares are declining year-to-date.

Meanwhile, legal costs have been identified as one of the factors that strongly influenced Trump Media’s Q2 results. The legal costs, approximately $15 million, were primarily related to the company’s 2024 merger with a special purpose acquisition company (SPAC), Digital World Acquisition Corp., to become a publicly traded entity.

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“The merger resulted in substantial legal costs, including those incurred in litigation aiming to recoup merger-related damages from those individuals and entities that the Company alleges caused the delay of the SPAC through their wrongful acts,” TMTG said.

It believes that if the litigation issues are positively resolved, it could significantly impact future financial results.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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