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At close · Mon, Aug 10, 2026
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Home›Global Markets›Trade & Tariffs›Trump Media reports $238 million Q2 loss amid crypto m…

Trump Media reports $238 million Q2 loss amid crypto market decline

TMTG said it has signed more than 10 customer agreements for Truth API, its faster access service for President Donald Trump posts.

Reported · Written up by our desk · Trade & Tariffs

Trump Media and Technology Group reported a $238 million second-quarter loss, as the company linked the result to a decline in crypto markets, CNBC Markets reported.

In the same update, TMTG said it has signed more than 10 customer agreements for Truth API, a service designed to provide faster access to President Donald Trump posts.

The company’s Truth API push is intended to support distribution of its social media content through customer integrations, according to CNBC World.

CNBC Earnings also pointed to the Truth API customer agreements as part of the broader picture alongside the quarterly loss figure.

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Sources

CNBC MarketsTrump Media posts $238 million second-quarter loss as crypto declines
CNBC WorldTrump Media posts $238 million second-quarter loss as crypto declines
CNBC EarningsTrump Media posts $238 million second-quarter loss as crypto declines

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