President Donald Trump’s media firm reported multi-million greenback losses for the third consecutive quarter this yr, a outcome that pushed the inventory all the way down to its lowest value in over a yr.
Trump Media & Expertise posted a $54.8 million internet loss in 2025’s third quarter, the corporate stated Friday—regardless of investing billions of {dollars} this summer season into an enormous Bitcoin treasury.
Given the corporate has some $3.1 billion in property readily available, the online loss was acquired poorly on Wall Road. Trump Media’s inventory (Nasdaq: DJT) has fallen greater than 4% to $12.76 at writing, dipping as little as $12.70. The final time the inventory fell under $13 was in September of 2024.
DJT is down over 16% within the final week, and 25% previously month.
The corporate’s Bitcoin and money holdings did earn it returns this quarter—simply not sufficient to make up for losses the corporate says had been incurred by elements together with the depreciation of its digital asset holdings and authorized charges associated to its 2024 SPAC merger.
All instructed, Trump Media generated $15.3 million from Bitcoin-related possibility premiums in Q3, and $13.4 million in curiosity from different holdings.
In late July, the corporate—which owns the president’s social media platform, Reality Social—introduced the acquisition of $2 billion value of Bitcoin and Bitcoin-related securities, in a bid to money in on Wall Road’s viral digital asset treasury pattern.
On the time of the announcement, Bitcoin was buying and selling for round $118,000. The world’s prime cryptocurrency has since fallen to $102,324 at writing.
Because the president has pushed aggressively pro-crypto insurance policies this yr from the White Home, Trump and his household have moved in lockstep to speculate closely within the booming sector by way of quite a few enterprise ventures.
That synchronicity is not only restricted to crypto. As Trump’s CFTC paves the way in which for brand spanking new prediction market platforms to reshape retail betting within the U.S., companies tied to the president and his household have gone all-in on the emergent business.
In Friday’s Q3 earnings report, Trump Media touted its lately introduced growth into the “quickly rising predictions market” with Crypto.com as key to the corporate’s roadmap by future quarters.
