August 15, 2026
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6:34Now PlayingTrump Media reported just $1.7 million in quarterly revenue while posting a $238 million net loss, making the company look less like a tech empire and more like a meme stock running out of believers. Truth Social’s user base is shrinking even with Trump posting there daily, while the company burns money on crypto losses, failed partnerships, and a bizarre pivot toward nuclear fusion. The self-proclaimed greatest businessman in America has one public company with his name on it, and its numbers are doing the fact-checking for him. Ring of Fire's Josh G. explains.
The Guardian, Trump Media reports $238m quarterly loss,
Raw Story, Truth Social traffic collapse,
PBS NewsHour, Trump Media replaces Nunes as CEO after stock plunge,
Benzinga, Trump Media bitcoin holdings unrealized losses,
Benzinga, Trump Media crypto holdings BTC CRO DJT,
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