Trump Media lost $ 238 million: the company’s losses rose amid expansion into the crypto sphere and “fast tapes”

Trump Media & Technology Group (TMTG), which owns Truth Social, recorded a loss of $238 million. Financial indicators have sunk due to the costs of changing the platform strategy, developing its own infrastructure and large-scale investments in cryptocurrency services.

The growth of TMTG’s operating expenses is due to the transition to “fast feeds”, the integration of video streaming and the deployment of cryptographic technologies. The company is actively investing in its own server capacity and digital assets, trying to form an independent fintech ecosystem around Truth Social.

At the same time, current revenues from classic advertising on the platform do not yet cover the costs of crypto initiatives and technical scaling. TMTG expects that a bet on digital currencies, accelerated content delivery and video services will attract new audiences and diversify revenues in the future.