Trump Media’s bitcoin holdings shrink as crypto losses hit $361 million
Reported by CoinDesk · AI-assisted summary by ChikoCorp AI News Desk
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Summary
Trump Media and Technology Group's bitcoin holdings decreased from 9,542 to 9,477 BTC between the end of March and June 30, 2026, with the fair value dropping from $836 million to $557 million. The company recorded $360.6 million in losses on digital assets, mostly unrealized, during the first half of 2026. Additionally, Trump Media ended plans for a publicly traded CRO treasury company and abandoned a partnership related to an ETF with Crypto.com and Yorkville Acquisition.
Why it matters
The decline in bitcoin holdings and substantial losses reflect the financial impact of falling cryptocurrency prices on Trump Media. The termination of business initiatives with Crypto.com and Yorkville indicates a strategic pullback from some crypto ventures, influenced by changing market conditions and stakeholder priorities.
Key context
Trump Media’s bitcoin holdings include amounts pledged as collateral against convertible notes and bitcoin options strategies. The company is majority owned by the Donald J. Trump Revocable Trust, controlled by Donald Trump, Jr. The company’s reduced crypto ambitions follow its earlier plans to expand crypto-related financial products, which have now been scrapped.
Key numbers and entities
Trump Media and Technology Group (DJT) held 9,477.16 bitcoin worth $557.1 million as of June 30, 2026, down from 9,542.16 bitcoin worth $836 million at the end of March. The company’s Crypto.com-linked CRO token holdings remained at roughly 756.1 million tokens but fell in value from $68 million to $40.6 million. Trump Media had 4,260.73 BTC pledged against convertible notes and 2,077.34 BTC pledged for bitcoin options. Business partners included Crypto.com and Yorkville Acquisition.
What remains unclear
The source does not flag open questions or uncertainties beyond the reported figures and terminated business plans.