President Donald Trump’s media company has reported multimillion-dollar losses for three consecutive quarters this year, sending its stock price to its lowest point in more than a year.
Trump Media & Technology announced Friday that it posted a net loss of $54.8 million in the third quarter of 2025, despite investing billions of dollars in a massive Bitcoin vault this summer.
The net loss was unpopular on Wall Street, considering the company has about $3.1 billion in cash. Trump Media stock (NASDAQ: DJT) fell more than 4% to $12.76 at the time of writing, falling to $12.70. The last time the stock was below $13 was in September 2024.
DJT is down more than 16% in the last week and 25% in the last month.
The company’s Bitcoin and cash holdings did While this quarter’s profit is in place, it won’t be enough to offset losses the company claims were incurred due to factors such as depreciation of its digital asset holdings and legal costs related to its 2024 SPAC merger.
Overall, Trump Media generated $15.3 million in Bitcoin-related option premiums and $13.4 million in interest from other holdings in the third quarter.
In late July, the company that owns the president’s social media platform Truth Social, worth $2 billion It has started selling Bitcoin and Bitcoin-related securities in a bid to capitalize on Wall Street’s viral digital asset treasury trend.
At the time of the announcement, Bitcoin was trading at around $118,000. The world’s top cryptocurrency has since fallen to $102,324 at the time of writing.
Because the president actively promoted Encryption advocate policy This year, from the White House, Trump and his family have worked in lockstep to invest heavily in fast-growing sectors. numerous work venture.
That synchronicity is not just limited to cryptocurrencies. As President Trump’s CFTC paves the way for new prediction market platforms; change shape In US retail gambling, companies with ties to the president and his family disappeared all in About emerging industries.
During Friday’s third-quarter earnings call, Trump Media touted recently announced results. expansion Crypto.com is key to the company’s roadmap over the coming quarters to tap into the “fast-growing prediction market.”