Trump Media’s bitcoin holdings shrink as crypto losses hit $361 million

Trump Media disclosed that its bitcoin treasury shrank in Q2, with holdings falling to 9,477.16 BTC at June 30 from 9,542.16 BTC at the end of March. The fair value of its bitcoin position dropped to $557.1 million from $836 million at the end of 2025, while its Cronos stake also fell sharply in value to $40.6 million despite unchanged token holdings. Overall, the company reported $360.6 million in losses on digital assets and digital assets pledged in the first half of 2026, mostly unrealized. The update comes shortly after Trump Media and Crypto.com terminated plans for a CRO treasury company and ended a related ETF servicing partnership, reinforcing a more cautious near-term crypto stance and highlighting the sensitivity of corporate crypto treasuries to falling token prices.