Trump Media2026-08-25 00:47:45Trump Media Interim CEO Says Truth API Has Signed More Than a Dozen CustomersTrump Media interim CEO Kevin McGurn said on CNBC that the company’s Truth API has signed more than a dozen customers since launching on Aug. 1. The service gives high-frequency trading firms early access to posts from former President Donald Trump’s Truth Social account and charges up to $100,000 a month. McGurn said it has already generated more than $1 million in revenue. He also said the company plans to expand the offering to retail trading platforms, large language models and prediction markets. The product is now facing congressional scrutiny and at least one lawsuit that alleges it is unconstitutional, leaving its growth trajectory uncertain ahead of the midterm elections.1040
Trump Media2026-08-13 12:07:20Trump Media posts $238.1 million Q2 loss as crypto markdowns weigh on earningsTrump Media & Technology Group reported a net loss of $238.1 million for the second quarter of 2026, sharply wider than roughly $20 million a year earlier, after declines in its crypto holdings hit the company’s results. For the first half, Trump Media said its digital assets generated about $360.6 million in unrealized losses, with most of that markdown recognized in the second quarter through fair-value remeasurement rather than full asset sales. The company has not pulled back from its treasury strategy. As of the end of the quarter, it held about 14,139 BTC directly or through related investment arrangements, placing it among the larger bitcoin holders among U.S.-listed companies. Earlier this year, the company raised about $2.5 billion through stock and convertible debt, with building a bitcoin treasury listed as a main use of proceeds. Operating revenue remained small by comparison. Second-quarter revenue came in at about $1.7 million, up from about $900,000 a year earlier. Trump Media said Truth API, a new data product that provides real-time Truth Social account data to banks and trading firms, launched on Aug. 1 and has signed more than 10 customer agreements. The company had also ended a previously planned CRO treasury venture with Crypto.com that had been projected at up to $6.4 billion.1440
Donald Trump2026-08-12 15:04:03Trump sued over plan to sell early access to Truth Social postsBloomberg reported on Aug. 12 that Donald Trump has been sued over a plan to sell rapid access to posts on Truth Social. The plaintiffs are The Intercept and the Freedom of the Press Foundation. They argue that the arrangement would place a paywall around access to official presidential information. According to the report, the lawsuit raises concerns under the First Amendment and the Fifth Amendment. No other details were disclosed in the source text.1510
Trump Media2026-08-12 02:19:04Trump Media posts wider Q2 loss as it leans on Bitcoin, market data and a fusion dealTrump Media & Technology Group reported just $1.6697 million in second-quarter revenue, up about 89% year over year, while net loss widened to $238.1 million. The filing showed that the biggest hit came from digital asset and investment losses rather than core operating costs. At the same time, the company’s original Truth Social advertising business declined, even as headline revenue rose on the back of a barter advertising agreement, Truth+ Patriot Package subscriptions and ETF management fees. The company is also reshaping its balance sheet and business mix. After scrapping a planned CRO treasury vehicle with Crypto.com and Yorkville, Trump Media disclosed that it sold roughly $159.6 million of Bitcoin-related equity securities in July and used the proceeds to buy spot BTC, lifting its holdings to about 14,139 Bitcoin as of July 31. Separately, it launched Truth API on Aug. 1, offering low-latency access to public posts from high-profile Truth Social accounts for institutional clients. Management said more than 10 customer agreements have already been signed. Longer term, Trump Media is tying its future to TAE Technologies, a U.S. fusion company it agreed to merge with in an all-stock deal announced at more than $6 billion. The result is a company that now spans political media distribution, digital assets, institutional data sales and fusion technology under one public structure.520
Trump Media2026-08-11 06:05:09Trump Media posted a $238 million Q2 loss, then increased its Bitcoin holdings in JulyTrump Media reported a net loss of $238 million for the second quarter, with $190.4 million of unrealized losses tied to crypto assets and equity securities, according to its Q2 10-Q filing with the U.S. Securities and Exchange Commission. In the filing, the company said it would revamp its crypto treasury strategy, take a more disciplined approach to volatility, and redirect more resources to core media operations including Truth Social and Truth+. Its July trading activity moved in the opposite direction. SEC filings show the company sold $159.6 million worth of Bitcoin-related securities during the month and used all of the proceeds to buy Bitcoin. By July 31, Trump Media reported holding about 14,139 BTC, including pledged Bitcoin, with a market value of roughly $890.5 million. The filing also detailed a more complex treasury structure than a simple buy-and-hold approach. As of June 30, the company held 9,477.16 BTC directly, while 2,077.34 BTC was pledged for options strategies and 4,260.73 BTC was pledged for convertible notes. Trump Media said it also uses lending or placement arrangements and other yield-generating strategies, while warning that these expose the company to counterparty and liquidity risks if market conditions deteriorate.1790
Donald Trump2026-08-11 03:23:36Truth Social moves to sell fast-access post data to financial firmsTrump-linked social platform Truth Social is selling high-speed access to posts from key accounts through its newly launched Truth API, according to an official announcement and reports from The New York Times and other outlets cited by BlockBeats. The service went live on Aug. 1, and Trump Media & Technology Group (TMTG) said it has already signed more than 10 customer agreements and that the product has started generating revenue. The company has not disclosed exactly how much earlier API users receive posts than ordinary users, but TMTG said delivery occurs at the millisecond level, while Reuters described the feed as materially faster than standard push notifications. Pricing is said to range from about $60,000 to $100,000 per month. Based on a little over 10 clients, annualized revenue could reach roughly $8 million to $13 million. That stands out against Trump Media’s reported second-quarter revenue of just $1.7 million. The company has not broken out actual Truth API revenue so far. Market attention is now on whether the business can add more customers and later show verifiable revenue contribution in future earnings reports.1880
Trump Media2026-08-11 00:23:04Trump Media's Truth API Signs Over 10 Clients, Begins Generating RevenueIn its quarterly earnings report released Monday, Trump Media & Technology Group (DJT) said that Truth API, a service giving traders faster access to posts from top Truth Social accounts, has signed up "more than 10" clients and has already begun generating revenue. The API provides rapid access to posts from leading Truth Social accounts, including that of former President Donald Trump. U.S. government oversight agencies and Democratic lawmakers on Capitol Hill have criticized the service, saying it amounts to selling investors access to potentially market-moving information. Trump Media posted second-quarter revenue of $1.7 million and a net loss of $238 million. Truth API launched on Aug. 1, so no revenue from the service was included in the quarter's results. Earlier reports pegged the subscription price at $100,000 per month, dropping to $60,000 per month under multi-year contracts. After the earnings release, the company's shares slipped 0.7% in the after-hours trading session.1790
Trump Media2026-08-10 08:30:01Trump Media, Crypto.com scrap $6.42 billion CRO treasury planTrump Media & Technology Group, Crypto.com and SPAC partner Yorkville have formally terminated a previously announced plan to create a public company centered on holding CRO. The proposal, unveiled in August 2025, called for a vehicle named Trump Media Group CRO Strategy that would have held about 6.313 billion CRO, with an overall size of roughly $6.42 billion made up of CRO, cash, warrants and an equity credit line. Despite the scale, the transaction never moved beyond a framework agreement and remained subject to Securities and Exchange Commission filing and approval requirements. The cancellation also swept in two related arrangements: a planned Truth Predict product tied to Truth Social has been reduced to a marketing relationship in which Crypto.com promotes its own prediction market to Truth Social users, while a custody arrangement for Trump Media ETFs has been dropped. One separate agreement remains in place because it had already closed: Trump Media bought about $105 million in CRO for its balance sheet, and Crypto.com purchased $50 million of DJT stock. According to the report, the reversal came as CRO and the broader digital-asset treasury trade lost momentum. Crypto.com CEO Kris Marszalek said continuing with the proposed ETF and DAT transactions no longer made sense in the current market environment.1720
