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Recent Updates — DJT

August 10, 2026View Source ↗

Trump Media & Technology Group Corp. reported financial results for the quarter ended June 30, 2026, posting a net loss of $238.1 million and an Adjusted EBITDA loss of $223.5 million. The company holds total assets of $2.0 billion, including approximately $1.9 billion in financial assets. Revenue increased 89% year-over-year to $1.7 million, driven by the August 1 launch of Truth API, a new data licensing product that has already secured over ten customer agreements. Management highlighted substantial resolution of legacy legal matters and progress toward a prospective merger with TAE Technologies expected in Q4 2026. The company operates in the social media, digital streaming, and financial technology sectors.

August 10, 2026View Source ↗

Trump Media & Technology Group terminated two strategic agreements with Crypto.com and Yorkville Acquisition Corp., ending plans for a joint CRO treasury venture and the integration of prediction markets into Truth Social. Interim CEO Kevin McGurn cited market saturation and shifting priorities as drivers for refocusing on the company's core media operations and its pending merger with fusion energy firm TAE. While the America First ETFs branded as Truth Social Funds will continue, Trump Media is scaling back direct involvement in digital asset infrastructure to concentrate on data licensing and API services. The company operates in the social media and technology sector.

August 6, 2026View Source ↗

Trump Media & Technology Group filed a Form 8-K under Regulation FD to furnish a Financial Times article titled “Kevin McGurn, the executive turning Trump's post into a media empire.” The filing does not endorse or adopt statements from the article, which features an interview with Interim CEO Kevin McGurn. The article discusses TMTG’s launch of a premium Truth API data feed for high-speed access to social media posts and its ongoing $6 billion merger with nuclear fusion company TAE Technologies. It also notes TMTG's net loss of $712.3 million in 2025, driven by digital asset valuation changes, and its corporate treasury holdings. Trump Media & Technology Group operates in the technology and social media industry, owning the Truth Social platform.

July 16, 2026View Source ↗

Trump Media & Technology Group Corp. announced the launch of Truth API, a new business-to-business data licensing service. The API provides real-time, low-latency access to posts from influential Truth Social accounts, targeting institutional customers such as high-frequency and algorithmic trading firms. The service is expected to be available to customers starting August 1, 2026, and aims to establish a high-margin, recurring revenue stream for the company. TMTG intends to monetize its proprietary assets by providing a machine-readable feed that includes a historical archive of posts dating back to 2022. Trump Media & Technology Group operates social media, streaming, and financial services platforms.