Trump Media Reports $405.9M Loss Due to Bitcoin Decline

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: May 10 2026

BTC-1%

CRO-0.66999996%

Explore Agentic TradingLet AI Trade for You

Significant Loss: Trump Media reported a net loss of $405.9 million in Q1 2026, primarily due to unrealized losses from Bitcoin and Cronos holdings, highlighting the substantial impact of cryptocurrency market volatility on the company's financials.
Bitcoin Holdings: As of the end of March, the company held 9,542 Bitcoins with a cost basis near $1.13 billion, but the fair value plummeted to approximately $647 million, reflecting severe market price fluctuations.
Revenue Growth: Despite facing heavy non-cash charges, Trump Media achieved quarterly revenue of $871,200, representing a 6% increase year-over-year, indicating potential for expansion in Truth.Fi products and media-related income.
Financial Position: The company reported positive operating cash flow of $17.9 million and total financial assets of about $2.1 billion, demonstrating some financial stability and potential for future growth despite the reported losses.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like BTC with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 3 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	70618.627	72454.113	74529.027	76364.513	78439.427	80274.913	82349.827
Fibonacci	72454.113	73947.886	74870.741	76364.513	77858.286	78781.141	80274.913

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Let AI Trade for You

Auto Trading Task on BTC?

Get Started Free