According to its Q3 2025 filing, Trump Media logged a $54.8 million net loss amid steep SPAC-related legal costs and a decline in Bitcoin asset value.
Trump Media & Technology Group reported a $54.8 million net loss for Q3 2025, citing $2,030 million in legal expenses linked to its SPAC merger. The company also saw a $48 million decrease in the value of its Bitcoin holdings, marking continued financial strain from legal costs and cryptocurrency valuation changes.