Washington, United States, Aug 10, 2026 (AFP) - Trump Media sees $238 mn second-quarter loss on digital assets decline

NAMPA / AFP
2026-08-11
The parent company of President Donald Trump's Truth Social platform reported a ten-fold increase in losses for the second quarter on Monday, linked to declines in values of its digital assets. Trump Media & Technology Group posted a loss of $238.1 million for the quarter ending June 30, the company said in a press release. This stood in sharp contrast to its $20 million loss for the same quarter in the prior year. The shortfall was largely due t......
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WINDHOEK, 10 August 2026 - Vice-President Lucia Witbooi speaking during the official launch of the REALTEST Project at the University of Namibia. (Photo: Edward Tenete) NAMPA

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