Trump Media & Technology Group reported net income of $409.7 million in the third quarter of 2026, compared with a $54.8 million loss a year earlier. Most of the result came from $378.1 million in accounting gains on digital assets and roughly $60 million from related securities, while core operations generated just $3.0 million in revenue. Bitcoin’s rise from approximately $59,000 to $84,000 increased the value of the company’s holdings of 15,649 coins, including about 11,385 pledged through its yield management program, and its position in 7 million shares of the IBIT Bitcoin ETF. Despite reporting a profit, Trump Media recorded an adjusted EBITDA loss of $12.3 million, showing that its media operations remained unprofitable. The company is pursuing a merger with TAE Technologies, with a shareholder vote scheduled for December 14, 2026.
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