In a recent filing with the US Securities and Exchange Commission (SEC), Trump Media & Technology Group (TMTG) disclosed a net loss of $238 million for the second quarter of 2026. The majority of this shortfall can be attributed to unrealized losses on digital assets, pledged equity securities, and accrued interest on loans. Other contributing factors include stock-based compensation. Revenue for the April-June period saw an 89% increase compared to the same quarter last year; however, losses still outpaced earnings. Almost all of TMTG's revenue stemmed from media segments, including advertising and subscriptions. With net losses amounting to $644 million for the first half of 2026, shares of TMTG, which trades under NASDAQ symbol "DJT", saw an 8% decline at market close on Monday. TMTG's portfolio encompasses Truth Social, Truth+ video streaming service, and fintech brand Truth.Fi, with forays into cryptocurrency and market intelligence through the subscription service Truth API launched in August 2021. Despite the influence of Trump's posts, Truth Social has struggled to gain traction compared to competitors like X and Facebook since its launch in 2022. The New York Times reported on Monday that visitors to Truth Social in July decreased by over a third compared to the same period last year, as per data from online tracking firm Similarweb. This downturn has sparked concerns about the service's effectiveness and potential conflicts of interest due to its access to Trump's market-moving announcements on policy issues such as tariffs and the US-Israel war on Iran.