Trump Media & Technology Group reported a $409.7 million net income in Q3 2026, despite only $3 million in revenue. The profit mainly came from a $496.1 million gain on Bitcoin and other digital assets, while the media business itself still runs at a loss. The company holds about 15,649 Bitcoin and faces dilution risks from a planned merger. Investors should be cautious as the profit depends heavily on Bitcoin's price, which can quickly reverse.
Trump Media and Technology Group's stock (DJT) is trading at USD 4.43, up 9.24% on the day as of Nov 10, 2026 23:31 WIB on Pluang. The iShares Bitcoin Trust (IBIT), linked to Bitcoin's price which heavily influences Trump Media's profit, is priced at USD 41.35, down 2.29% on the same day. DJT's market cap stands at $1.13 billion, reflecting investor interest despite the company's reliance on Bitcoin gains.
More News (DJT)
Trump Media reports record Q3 revenue but core business loses over $23M, shares down 55%.
Trump Media & Technology Group posted record revenues in Q3, but its core business remains unprofitable with an operating loss exceeding $23.5 million. The reported positive operating income was mainly due to a $378 million gain from cryptocurrency, ...
