Trump Media & Technology Group reported a $405.9 million net loss in Q1 2026, primarily due to a $368.7 million mark-to-market decline in its cryptocurrency holdings, including Bitcoin. The company, which previously held 11,542 BTC, saw its holdings decrease to 9,542 BTC, with an average acquisition price of $118,529 per coin. Despite the losses, Trump Media maintains total assets of approximately $2.2 billion. The company also reported minimal revenue of $0.9 million for the quarter, continuing its struggle to generate income. Despite this, Trump Media plans to expand its Truth Social platform and finalize a merger with TAE Technologies. The company's stock, trading under the ticker DJT, has fallen nearly 5% this week and is down over 90% from its 2022 peak.