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Trump Media & Technology Group reports over $400 million net loss in March quarter on digital asset hit

admin by admin
May 12, 2026
in Technology
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New Delhi [India], May 10 (ANI): Trump Media & Technology Group Corp. on Friday posted a net loss of USD 405.8 million for the quarter ended March 31, compared to a USD 31.7 million loss in the same period last year, impacted primarily by unrealized losses on digital assets. The company’s Net sales rose modestly to a little over USD 871,000 from over USD 821,000 a year earlier.

Trump Media & Technology Group Corp is the parent company of the social media platform Truth Social, owned by the US President Donald Trump.

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