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Using BTC appreciation to reverse losses, Trump Media and Technology Group (DJT.US) made a net profit of US$410 million in a single quarter
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According to Woofun AI, Trump Media & Technology Group (DJT.US) (Trump Media & Technology Group, TMTG for short) disclosed financial results for the third quarter of 2026 on the 9th US time, and recorded net profit of 497 million US dollars (about 64.7 billion yen), successfully reversing the net loss situation of 54.85 million US dollars (about 8.7 billion yen) in the same period. This is the first time since the company went public in March 2024 that it has been profitable in a single quarter.

The profit structure shows that the core driving force is not the main business, but changes in asset valuations. According to data compiled by Woofun AI, the total realized and unrealized earnings from digital assets and stocks such as BTC reached 496.1 million US dollars (about 78.4 billion yen), of which digital assets contributed 378.13 million US dollars. The BTC price rose 42% during the quarter from around $59,000 to around $84,000. As of the end of September, TMTG held approximately 15,649 BTC, of which approximately 11,1385 were invested in interest-bearing projects.

Although profit can be confirmed without a cash outflow in terms of market value, the company's fundamental pressure remains: when changes in asset valuation are excluded, adjusted EBITDA is still negative US$12.3 million (approximately 1.95 billion yen); the cumulative net loss from January to September reached US$234.25 million (approximately 37 billion yen).

However, thanks to the data sales service “Truth API” and the video streaming service “Truth+” launched in August, quarterly revenue increased to $3 million (about 470 million yen), about three times that of the same period last year.

At a strategic level, TMTG is promoting a merger with TAE Technology, a nuclear fusion power research and development company. It is expected that the Extraordinary General Meeting of Shareholders will vote on December 14 to complete the integration in the fourth quarter. Regarding digital assets, the company claims that it will adopt a disciplined operating strategy to control the risk of price fluctuations while holding them for a long time. This is another typical case where Web3 assets have become a “lifesaver” for traditional listed companies' financial reports following the difficult transformation of traditional media.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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