Trump Media (DJT) Stock: $1.3B Bitcoin Bet Can’t Stop Mounting Losses

TLDR

  • Trump Media posted a $54.8 million Q3 loss, nearly triple the $19.3 million loss from the same period last year, with legal expenses hitting $20.3 million.
  • The company holds 11,542 Bitcoin worth roughly $1.3 billion and generated $15.3 million from Bitcoin options trading.
  • Quarterly revenue fell to $972,900 from over $1 million year-over-year, while DJT stock dropped 61% in 2025.
  • Trump Media acquired 746 million Cronos tokens and plans to buy up to $1 billion more through a Crypto.com partnership.
  • Company assets grew from $274 million at IPO to $3.1 billion by September 30, 2025.

Trump Media & Technology Group reported a $54.8 million loss for its third quarter ending September 30. The figure represents a sharp increase from the $19.3 million loss posted during the same period in 2024.

DJT Stock Card
Trump Media & Technology Group Corp., DJT

Rising costs drove the widening loss for the Truth Social parent company. Legal expenses alone totaled $20.3 million during the quarter.

Revenue fell to $972,900, down from over $1 million a year earlier. The stock closed Friday at $13.10, declining 1.73% for the session.

DJT shares have dropped 61% year-to-date since the company went public through a SPAC merger in March 2024.

Bitcoin Treasury Reaches $1.3 Billion

Trump Media holds 11,542 Bitcoin as of September 30, 2025. The company began accumulating the cryptocurrency in May after announcing its investment strategy in late July.

The Bitcoin holdings are valued at approximately $1.3 billion. Trump Media generated $15.3 million in realized income from Bitcoin options investments during the quarter.

The company raised $1.5 billion through stock sales to fund its crypto purchases. It secured another $1 billion through convertible senior secured bonds.

CEO Devin Nunes said Trump Media has “secured our financial future with a massive Bitcoin treasury.” The company plans to buy more Bitcoin and is considering other cryptocurrency acquisitions.

Cronos Token Deal Expands Crypto Strategy

Trump Media reported holding 746 million Cronos tokens worth $33 million in unrealized gains. Cronos traded around $0.18 per token at the end of September.

The company formed Trump Media Group CRO Strategy in August through a partnership with Crypto.com and Yorkville Acquisition Corp. The venture aims to accumulate up to $1 billion in Cronos tokens, representing over 6.3 trillion tokens total.

Trump Media’s total financial assets grew from $274 million at IPO to $3.1 billion by September 30. The company posted its second straight quarter of positive operating cash flow.

Nunes said the company is evaluating “crown jewel assets” for potential acquisitions. Revenue comes primarily from advertising on the Truth Social platform, which serves as President Donald Trump’s main communication channel.

Trump Media does not disclose user metrics like monthly or daily active users. The company has posted losses consistently since launching and faces challenges converting Trump’s platform presence into sustainable revenue streams.

The post Trump Media (DJT) Stock: $1.3B Bitcoin Bet Can’t Stop Mounting Losses appeared first on Blockonomi.

Source: https://blockonomi.com/trump-media-djt-stock-1-3b-bitcoin-bet-cant-stop-mounting-losses/