Notable news: TMTG announces assets of $3.1 billion, heavy losses in Q2
Trump Media & Technology Group (#TMTG ) has just released its financial report for Q2 2025 with attention-grabbing figures. Despite owning a massive asset valued at $3.1 billion, the company reported a loss of $20 million while revenue was less than $883,300.
Low revenue, high costs
The figures indicate that TMTG is in a phase of significant spending, which may include legal costs, employee salaries, and investments in technology and media platform development. This occurs against the backdrop of the company starting to implement a Bitcoin accumulation strategy, a move that could incur substantial initial costs.
President #DonaldTrump currently holds 52% of TMTG's shares, with an estimated value of about $1.9 billion. Although the financial report shows a significant loss, the company's massive asset remains a noteworthy factor. The subsequent developments of TMTG, especially how the company balances costs and revenues, will be a focal point for investors to monitor in the near future.