Trump Media’s Q3 Loss: $54.8M, 62% Stock Plunge 😬

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Key takeaways

How is TMTG performing in the stock market?

Its shares have fallen over 62% year-to-date, recently closing at $13.10 after another post-earnings drop. A fiscal performance so cringey, even Warren Buffett would request a refund 🤡💸.

What controversies surround Trump and crypto?

Critics accuse Trump of using crypto for political gain, from the U.S. Crypto Strategic Reserve announcement that allegedly fueled a market pump, to the pardon of Binance founder CZ. A plot thicker than a Bitcoin block, served with a side of 🍔 politics.

President Donald Trump’s media empire is back in the spotlight and not for the reasons investors hoped. Imagine a circus where the lion tamer loses the whip and everyone gets eaten by paperwork 📄🦁.

Trump Media Q3 reports

Trump Media & Technology Group (TMTG) reported a staggering $54.8 million net loss in the third quarter of 2025, nearly three times higher than the same period last year. A fiscal feat that would make Scrooge McDuck blush 🦆💸.

Despite the ongoing buzz around Truth Social and President Trump’s broader digital ambitions, the company’s financial performance continues to disappoint. Like a magician who forgets his rabbit, but remembers to charge admission 🎩🐇.

Revenue declined by 3.8%, falling to just $972,900, while legal expenses soared to $20.3 million in a single quarter. A masterclass in burning money while pretending to build a rocket 🚀🔥.

This sharp imbalance triggered a 3% drop in TMTG’s stock during after-hours trading, highlighting growing concerns about the company’s financial health and strategic direction. A stock plunge so dramatic, even the bears are doing cartwheels 🐻📉.

Since its highly publicized SPAC merger in March 2024, the company has shown more volatility than value. A rollercoaster built on hot air and hope 🎢💨.

Transparency remains lacking, especially regarding Truth Social’s user base, with performance metrics seemingly driven by Trump’s personal brand rather than platform fundamentals. A social network where your only friend is the almighty ego 👑📱.

As a result, shares of DJT (stock ticker symbol for Trump Media) have plunged over 62% year-to-date, recently closing at $12.90 following another post-earnings decline. A financial freefall where the ground is made of tweets 🐦💣.

These developments come at a time when Trump’s broader push into crypto is also facing increased scrutiny. A goldfish could have a clearer investment strategy 🐠💼.

Controversies around Trump’s crypto strides

His announcement of a U.S. Crypto Strategic Reserve fueled a market rally, which critics like Peter Schiff labeled the “biggest crypto rug pull in history,” accusing Trump of timing posts to benefit insiders and calling for a congressional investigation. A masterclass in “I didn’t do it” while the rug unravels 🧹📉.

Then the controversy around Trump Media deepened after Donald Trump pardoned Binance founder Changpeng “CZ” Zhao, erasing his 2023 conviction for Bank Secrecy Act violations. A presidential pardon so swift, it could’ve been used to free the Washington Monument 🏛️🕊️.

Critics, including Sen. Elizabeth Warren, called it a “pay-to-play” act, alleging Binance’s ties with Trump-linked entities like World Liberty Financial (WLFI) and Dominari Holdings influenced the decision. A transaction so shady, even the moon would ask for receipts 🌕📜.

At the same time, Sen. Chris Murphy accused Coinbase of receiving regulatory favors under Trump, a claim the exchange dismissed as politically driven. A drama so spicy, it could season a thousand salads 🥗🌶️.

Thus, as Trump’s influence over crypto expands, allies hail it as pro-innovation, while critics see blurred lines between policy, profit, and power. A dance of shadows where everyone’s in the spotlight but no one can see the stage 🎭🕶️.

Stock performance and more

All these developments came as Trump Media & Technology Group Corp. (TMTG) shares slipped 1.73% to $13.10, according to Google Finance. A stock price so fragile, it might need a helmet 🧑🦺📉.

However, uncertainty may be easing as Trump Media & Technology Group unveils ambitious new plans. A plan so bold, it makes juggling chainsaws look like child’s play 🔧🎪.

The company is partnering with Yorkville Acquisition Corp. and Crypto.com to launch a $6.4 billion digital asset venture focused on Cronos (CRO). A venture so grand, it could fund a Martian colony… if Mars had a Twitter account 🪐🐦.

This initiative aims to make TMTG the largest public holder of CRO, echoing MicroStrategy’s well-known Bitcoin accumulation strategy. A gamble so audacious, it could either save the company or turn it into a crypto-themed version of “Titanic” 🚢💣.

By aligning its media empire with a bold crypto investment, Trump is signaling a clear intent to transform TMTG into a digital asset powerhouse. A phoenix rising from the ashes… or just a fire sale 🐦🔥.

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2025-11-08 19:11