{
  "id": 505669,
  "title": "Trump Media’s bitcoin holdings shrink as crypto losses hit $361 million",
  "url": "https://urgent.news/2026/08/10/trump-medias-bitcoin-holdings-shrink-as-crypto-losses-hit-361-million",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T21:12:07.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/business/2026/08/10/trump-media-s-bitcoin-holdings-shrink-as-crypto-losses-hit-usd361-million"
  },
  "original_language": "en",
  "account": "During the second quarter, Trump Media and Technology Group's (DJT) bitcoin holdings decreased as falling crypto prices resulted in $360.6 million in losses for the first half of the year. The company owned 9,477.16 bitcoin (BTC) with a fair value of $557.1 million as of June 30, a decline from 9,542.16 BTC at the end of March, representing a 65 BTC reduction in holdings for the quarter. Trump Media's crypto-linked Cronos (CRO) holdings remained steady at approximately 756.1 million tokens, but their fair value dropped to $40.6 million from $68 million at the end of 2025. A large portion of DJT's bitcoin was used as collateral, with 4,260.73 BTC pledged as security for convertible notes and another 2,077.34 BTC tied up in their bitcoin options strategy as of June 30. President Donald Trump holds a significant stake in the trust, which is controlled by his son, Donald Trump Jr. The news came just days after Trump Media reduced parts of its crypto ambitions, terminating a proposed business combination with Crypto.com and Yorkville Acquisition due to prevailing market conditions and shifting business priorities.",
  "summary": "The Truth Social parent held 9,477 BTC worth $557 million at the end of June, while its Cronos position also suffered a steep drop in value.",
  "key_points": [
    "Trump Media's bitcoin holdings decreased by 65 BTC to 9,477.16 BTC in Q2.",
    "$360.6 million in losses incurred due to falling crypto prices.",
    "4,260.73 BTC pledged as collateral for convertible notes."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "CNBC Technology",
        "title": "Trump Media posts $238 million second-quarter loss as crypto declines",
        "url": "https://urgent.news/2026/08/10/trump-media-posts-238-million-second-quarter-loss-as-crypto-declines",
        "published": "2026-08-10T21:48:14.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "Trump media group racks up losses and pushes into nuclear fusion",
        "url": "https://urgent.news/2026/08/10/trump-media-group-racks-up-losses-and-pushes-into-nuclear-fusion",
        "published": "2026-08-10T22:10:01.000Z"
      },
      {
        "outlet": "Financial Post",
        "title": "Trump Media Losses Hit $238 Million as Firm Pivots to Fast Feeds",
        "url": "https://urgent.news/2026/08/10/trump-media-losses-hit-238-million-as-firm-pivots-to-fast-feeds",
        "published": "2026-08-10T23:03:15.000Z"
      },
      {
        "outlet": "BBC Business",
        "title": "Trump Media reports $238m loss as crypto falls",
        "url": "https://urgent.news/2026/08/11/trump-media-reports-238m-loss-as-crypto-falls",
        "published": "2026-08-11T01:12:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}