Trump Media Posts $410M Q3 Profit Driven by Bitcoin Holdings

Trump Media & Technology Group reported a $409.7 million third-quarter profit on Monday, marking a sharp turnaround from previous losses driven primarily by the rising value of its crypto holdings and related investments, according to AMBCrypto.

Crypto Gains Drive Profitability

Despite generating just $2.97 million in revenue during the three months ended September 30, the company recorded $496.1 million in realized and unrealized gains on digital assets, pledged crypto, and equity securities. Digital assets and pledged coins accounted for $378.1 million of those gains, with securities adding another $118 million. Derivative losses and other expenses partially offset the windfall.

Chief Financial Officer Phillip Juhan stated on the earnings call that Bitcoin rose about 42% during the quarter, moving from roughly $59,000 at the end of June to $84,000 at the end of September. Trump Media held approximately 15,649 Bitcoin at quarter-end, including around 11,385 coins pledged to a program designed to generate additional returns.

Share Price and Business Metrics

Underlying business operations for Truth Social saw an increase, with revenue rising 205% from about $973,000 a year earlier, supported by subscriptions for Truth+ streaming and Truth API. However, DJT shares traded near $4.20 on Tuesday, down approximately 94.7% from their March 2024 peak of $79.38.

Trump Media reported a $234.2 million net loss for the first nine months of 2026 and faces an upcoming December 14 shareholder vote on a $6 billion merger with fusion-energy developer TAE Technologies.

Key facts

• Trump Media reported a $409.7 million third-quarter profit alongside $2.97 million in revenue.
• Digital assets and pledged coins contributed $378.1 million in gains, while securities added $118 million.
• The company held approximately 15,649 Bitcoin at the end of the quarter.
• DJT shares traded near $4.20 on Tuesday, down more than 94% from its March 2024 peak.