Trump Media doubles down on crypto and AI expansion in Q3 earnings
Trump Media doubles down on crypto and AI expansion in Q3 earnings
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Trump Media doubles down on crypto and AI expansion in Q3 earnings

🕒︎ 2025-11-07

Copyright The Street

Trump Media doubles down on crypto and AI expansion in Q3 earnings

Trump Media and Technology Group (NASDAQ: DJT), the parent company of Truth Social, Truth+, and Truth.Fi, reported $3.1 billion in financial assets for the quarter ending Sept. 30, 2025, marking what CEO Devin Nunes called a “crucial step” toward sustainable growth and strategic expansion into crypto and prediction markets. The company, headquartered in Sarasota, Florida, recorded its second consecutive quarter of positive operating cash flow, generating $10.1 million in the third quarter and $61.1 million in combined realized income from Bitcoin-linked securities and other holdings year-to-date. "We’ve built up our own robust, uncancellable infrastructure, expanded into new sectors, formed extraordinary partnerships, secured our financial future with a massive bitcoin treasury, and expanded our existing platforms," Nunes said. More News: Satoshi-era whale cashes out $1 billion after 14 years ‘Extreme fear’ grips crypto after Goldman, Morgan Stanley warnings Crypto’s most watched short trader is now winning Trump Media embraces CRO and prediction markets A major highlight of the quarter was Trump Media’s partnership with Crypto.com to integrate the Cronos (CRO) blockchain ecosystem into its platforms and treasury strategy. The firm purchased 684.4 million CRO, funded through $50 million in cash and $47 million in stock, and announced plans to stake its holdings for additional yield. The companies also established Trump Media Group CRO Strategy Inc., a digital asset treasury venture that aims to become the largest publicly traded CRO treasury company relative to market capitalization. The collaboration extends beyond investment: CRO will underpin a new rewards system for users of Truth Social and Truth+, allowing subscribers to earn and convert “Truth gems” into CRO through Crypto.com’s wallet infrastructure. Scroll to Continue Recommended Articles Trump Media also revealed Truth Predict, an upcoming prediction market powered by Crypto.com | Derivatives North America (CDNA), positioning Truth Social as the first social platform to embed decentralized prediction tools directly into its ecosystem. AI-powered upgrades and streaming expansion The third quarter saw significant upgrades across Truth Social and Truth+. The company rolled out AI-powered search tools in partnership with Perplexity, introduced new premium features for Truth+ Patriot Package subscribers, and launched native apps for iPad and connected TVs. Truth+ continued expanding its live TV and on-demand catalogue, adding channels such as GB News, Great American Family, and Real America’s Voice, as well as launching on major smart TV platforms including Apple TV, Roku, LG, and Samsung. These integrations aim to unify the company’s media, streaming, and fintech arms under a single interoperable infrastructure designed to be resistant to what Nunes has called “Big Tech cancellation.” Legal and financial outlook Despite reporting a $54.8 million net loss for the quarter, largely due to $54.1 million in non-cash expenses and $20.3 million in legal costs related to its 2024 SPAC merger, Trump Media emphasized that its cash-rich position enables it to pursue an M&A strategy targeting “crown jewel” assets. The company said ongoing litigation tied to merger-related damages could yield favorable outcomes that would “significantly impact future results.” With its next major launch, Truth.Fi, scheduled for 2025, Trump Media plans to offer “America First” investment products, including ETFs and separately managed accounts, expanding its footprint into financial services. At the time of reporting, Trump Media was trading 4.13% lower at $12.78.

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