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Trump Media reports $238m loss as crypto falls

Trump Media has reported a staggering $238 million loss this quarter as it ventures into cryptocurrencies. Despite a revenue increase to $1.7 million—an 89% rise from last year—the company plans to refocus on its core social media mission.

BBC News· Aug 11, 2026 · 9:56 AM · 1 views

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Trump Media has reported a staggering $238 million loss this quarter as it ventures into cryptocurrencies. Despite a revenue increase to $1.7 million—an 89% rise from last year—the company plans to refocus on its core social media mission. Full story and more reels: https://newsreel.video #news #breaking #TrumpMedia #cryptocurrency #finance

Originally reported by BBC News. Read the full story →

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