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Trump Media’s Crypto Bet Fuels Massive $238M Quarterly Loss

Decrypt·August 11, 2026·1 min read
Trump Media’s Crypto Bet Fuels Massive $238M Quarterly Loss

Trump Media's crypto bet contributed to a massive $238 million quarterly loss. Falling digital asset values battered the Truth Social parent's balance sheet, leading to about $361 million in crypto-related losses during the first half of 2026. The financial hit underscores the volatility of digital asset investments.

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