Trump Media Posts $54.8M Q3 Loss, DJT Stock Hits 1-Year Low

The financial hemorrhage at Trump Media & Technology Group continues unabated, with the company posting a $54.8 million net loss for Q3 2025—marking the third consecutive quarter of multi-million dollar losses. This dismal performance comes despite the company holding substantial assets totaling $3.1 billion, a fact that has particularly alarmed Wall Street analysts. The company’s Bitcoin and cash holdings did provide some cushion, generating $15.3 million from Bitcoin-related option premiums and another $13.4 million in interest income from other holdings. However, these combined returns of $28.7 million proved woefully inadequate against the tidal wave of losses.

The primary drivers behind the massive quarterly loss included significant depreciation of the company’s digital asset holdings and substantial legal fees related to its 2024 SPAC merger. This represents a troubling pattern for the parent company of Truth Social, which has struggled to translate political momentum into financial stability. The company’s massive $2 billion Bitcoin investment earlier this year, made when Bitcoin was trading around $118,000, has since seen the cryptocurrency decline to $102,324 at writing—further exacerbating the asset depreciation problems.

The market reaction to Trump Media’s earnings report was swift and brutal. DJT stock plummeted more than 4% to $12.76 at writing, dipping as low as $12.70 during trading—marking the first time the stock has fallen below $13 since September 2024. The decline represents part of a broader downward spiral, with the stock down over 16% in the last week alone and a staggering 25% over the past month. This performance places DJT among the worst-performing media stocks of the quarter.

The stock’s collapse to its lowest level in over a year reflects growing investor skepticism about the company’s ability to monetize its platform and investments effectively. Despite the Trump administration’s aggressively pro-crypto policies from the White House, the company’s substantial Bitcoin treasury has failed to provide the financial stability investors had hoped for. The disconnect between political positioning and financial performance has become increasingly difficult for markets to ignore.

Facing continued financial headwinds, Trump Media is embarking on a strategic shift toward prediction markets through a newly announced partnership with Crypto.com. In Friday’s Q3 earnings report, the company touted this expansion into the ‘rapidly growing predictions market’ as central to its roadmap through future quarters. This move aligns perfectly with regulatory changes underway at Trump’s CFTC, which is currently paving the way for new prediction market platforms to reshape retail betting in the United States.

The timing of this pivot is particularly noteworthy, as businesses tied to the president and his family have moved in lockstep to invest heavily in emerging sectors that benefit from administration policies. As Trump’s CFTC creates regulatory pathways for prediction markets, Trump Media’s partnership with Crypto.com positions the company to capitalize on what could become a massive new industry. However, this strategic shift comes with its own risks, as the company must navigate both regulatory uncertainty and the challenge of diversifying beyond its core social media platform while continuing to absorb substantial quarterly losses.