Trump Media posts $410M Q3 net profit as crypto, asset valuations rise

Trump Media & Technology Group, the media company owned by the family of U.S. President Donald Trump, said it posted net profit of $409.7 million in the third quarter of 2026. The profit reflects $496.1 million in combined realized gains and valuation gains on assets including cryptocurrencies and stocks, minus derivative losses of $54 million and other items. On an adjusted EBITDA basis, however, the company posted a loss of $12.3 million. Third-quarter revenue was $3 million, up 205% from a year earlier. As of Sept. 30, total assets stood at $2.5 billion, including about $2.3 billion in financial assets such as cash and cryptocurrencies. TMTG said it plans to improve its digital asset management approach to manage risks tied to crypto price volatility while maintaining a long-term holding strategy. As of Sept. 30, TMTG held 15,649 BTC worth $1.3078 billion and 756.08 million CRO worth $50.3 million.