Trump Media’s $54.8M Bitcoin Gamble Backfires—Here’s What Went Wrong
Trump Media's latest earnings report reveals a staggering $54.8 million loss—and its Bitcoin strategy isn't winning any favors. Critics argue the move reeks of desperation, not innovation.
The Bitcoin Bet Backfires
While crypto bulls doubled down in 2025, Trump Media's pivot to digital assets flopped harder than a meme coin in a bear market. The numbers don’t lie—$54.8 million vanished, with Bitcoin shouldering the blame.
A Hail Mary Play or a Fiscal Trainwreck?
Wall Street’s already rolling its eyes. ‘Another legacy firm chasing crypto hype to mask poor fundamentals,’ quipped one analyst. Meanwhile, retail investors are left holding the bag—classic.
The Bottom Line
If this was a moonshot, it crashed before liftoff. Maybe stick to what you know next time—or at least hire someone who understands blockchain beyond Twitter buzzwords.
Whale Makes $19.8M Profit After Shorting CZ’s Aster Token Hype
Despite the mounting losses, Trump Media emphasized the success of its Bitcoin investment strategy, reporting $15.3 million in income from bitcoin-related options during the quarter. The firm continues to hold 15,000 BTC, valued at around $1.5 billion, as part of its $3.1 billion total asset base – unchanged from the previous quarter.
CEO Devin Nunes said the company’s expanding financial position and positive operating cash FLOW give it room to pursue acquisitions. “We’re now in a position to act on strategic M&A opportunities, targeting assets that will drive long-term shareholder value,” Nunes said.
