Trump Media Ends 2025 with $2.5 B Assets, Eyes Truth Social Spin-Off
Trump Media and Technology Group ended 2025 with $2.5 billion in assets, positive operating cash flow of $14.8 million and $44 million from covered-put strategies, while incurring a $712.3 million net loss from digital asset markdowns. The company plans to spin off Truth Social into a standalone public entity following its proposed $6 billion merger.
1. 2025 Financial Performance
Trump Media ended 2025 with approximately $2.5 billion in financial assets, more than tripling its $776.8 million 2024 level. Revenue totaled $3.7 million while the company recorded a $712.3 million consolidated net loss driven by $403.2 million in digital asset markdowns and $178.8 million in related securities write-downs.
2. Operating Cash Flow and Options Strategy
The firm achieved positive operating cash flow of $14.8 million for the year, marking three consecutive quarters of cash flow growth. Its bitcoin treasury hedging via a covered-put options strategy generated $44 million in cash proceeds, bolstering liquidity for strategic initiatives.
3. Truth Social Spin-Off and Strategic Outlook
Following its proposed $6 billion merger with TAE Technologies, the company plans to spin off Truth Social into a standalone publicly traded entity to unlock shareholder value. Management intends to leverage its strengthened balance sheet to pursue mergers and acquisitions, expand Truth+ streaming, and grow its Truth.Fi financial products.