CumberlandThe 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.
Trump Media’s bitcoin holdings shrink as crypto losses hit $361 million
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.
Trump Media held 9,477 bitcoin at the end of June, down from 9,542 at the end of 2025, while the position's fair value fell to $557 million from $836 million. The company recorded $360.6 million in losses on digital assets and digital assets pledged during the first half of 2026, much of it unrealized. The results come days after Trump Media and Crypto.com scrapped plans for a publicly traded CRO treasury company and abandoned a separate ETF servicing partnership.
Trump Media and Technology Group's (DJT) bitcoin holdings shrank during the second quarter of the year as falling crypto prices saddled the Truth Social parent with $360.6 million in losses in the first half of the year.
The company held 9,477.16 bitcoin BTC$64,056.57 with a fair value of $557.1 million as of June 30, according to its quarterly filing Monday. That's down from 9,542.16 BTC at the end of March, translating to a 65 BTC decline in holdings through the quarter.
Trump Media's Crypto.com-linked cronos CRO$0.04717 holdings remained unchanged at roughly 756.1 million tokens, but their fair value fell to $40.6 million from $68 million at the end of 2025.
A significant chunk of the company's bitcoin was also tied up as collateral. Trump Media, which is majority owned by the Donald J. Trump Revocable Trust, had 4,260.73 BTC pledged against convertible notes and another 2,077.34 BTC pledged for its bitcoin options strategy as of June 30.
U.S. President Donald Trump owns a significant stake in the trust, which is controlled by Donald Trump, Jr., one of the president’s children.
The results landed only days after Trump Media pared back parts of its crypto ambitions.
On Friday, Trump Media, crypto exchange Crypto.com and Yorkville Acquisition said they mutually terminated their proposed business combination to establish Trump Media Group CRO Strategy, a publicly traded company designed to build a large CRO treasury.
The companies cited "prevailing market conditions, and shifting business and stakeholder priorities." They also abandoned a separate partnership under which Crypto.com would have serviced certain planned Yorkville America exchange-traded funds, though Yorkville America said its existing and future ETF plans otherwise remain unchanged.
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Building the Zcash Machine: Tachyon and Quantum Readiness
Building the Zcash Machine: Tachyon and Quantum Readiness
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Why it matters:
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans
Bitmine’s ETH buying slows as Tom Lee's firm shifts capital to share buybacks
Solana gets its first Strategy STRC product through Solstice Finance
Bitwise's Rasmussen: Circle is mispriced as stablecoins head toward trillions
Strategy builds $4.75 billion cash cushion as only bitcoin isn’t enough for investors
Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans