Key facts
- Trump Media & Technology Group reported a $238 million net loss in Q2 2026.
- Trump Media & Technology Group had $190.4 million in unrealized losses on digital assets and securities.
- Trump Media & Technology Group plans to increase direct Bitcoin holdings to 14,139 BTC by July 31.
- TRON USDT supply reached $87.9 billion in Q2.
- TRON processed $2.1 trillion in USDT transfers in Q2.
- DeFi and decentralized exchange activity declined on TRON in Q2.
- MicroStrategy sold 1,690 bitcoin for $108.6 million.
- MicroStrategy used bitcoin sale proceeds to repurchase preferred stock.
- MicroStrategy raised $653.1 million through MSTR stock sales.
- Bitdeer mined 2,694 BTC in Q2.
- Bitdeer held 150 BTC at the end of Q2 after treasury liquidation.
- Bitdeer's revenue rose 47% to $228.8 million in Q2.
Trump Media & Technology Group experienced a substantial net loss of $238 million in the second quarter of 2026. A significant portion of this loss, amounting to $190.4 million, stems from unrealized losses on digital assets and securities. In response, the company plans to actively manage its cryptocurrency treasury, with a stated goal of increasing its direct Bitcoin holdings to 14,139 BTC by July 31.
Concurrently, the TRON network reported record stablecoin activity in Q2. The supply of TRON USDT reached $87.9 billion, and the network facilitated $2.1 trillion in USDT transfers. Despite this surge in stablecoin activity, the company noted a decline in decentralized finance (DeFi) and decentralized exchange (DEX) activity during the same period.
In a move to bolster its U.S. dollar reserves, MicroStrategy sold 1,690 bitcoin, generating $108.6 million. These proceeds were then used to repurchase the company's preferred stock. Additionally, MicroStrategy raised $653.1 million through sales of its MSTR stock, further strengthening its financial position.
Bitdeer reported mining 2,694 Bitcoin in the second quarter, marking a nearly fivefold increase compared to the previous year. However, the company's treasury holdings were significantly reduced, with only 150 BTC remaining at the end of the quarter due to a prior treasury liquidation. Despite this, Bitdeer's revenue saw a notable increase of 47%, reaching $228.8 million.