Trump Media Posts $238 Million Second Quarter Loss as Crypto Declines The latest financial blow to Donald Trump's media venture, Trump Media & Technology Group (TMTG), serves as a stark reminder that even the most ambitious business ventures can falter in the face of economic reality.
TMTG's reported net loss of $238 million for its fiscal second quarter is a staggering figure that dwarfs last year's $20 million loss. While revenue rose 89% to $1.
7 million from the previous quarter, this modest increase pales in comparison to the massive losses incurred by TMTG.