Trump Media & Technology Group (TMTG) reported a Q1 net loss of $405.9 million, primarily driven by $368.7 million in unrealized losses from digital assets and equity securities. The BTC update reveals that the company’s holdings of 9,542 BTC are now valued at $767 million, down from an average purchase price of $118,529 per coin. The crypto treasury, originally valued at $1.24 billion, has declined to $821.9 million, reflecting a $423 million unrealized loss. Additional losses included $11.8 million in stock-based compensation and $11.5 million in interest accretion. Future asset valuations may be affected by interest rate developments, as the company continues to hold 756 million Cronos tokens valued at $54 million.

According to BeInCrypto, Trump Media & Technology Group (TMTG) reported a net loss of $405.9 million for the first quarter, primarily due to unrealized losses of $368.7 million on digital assets and equity securities. Additional losses included $11.8 million in stock-based compensation expenses and $11.5 million in interest accretion. The company’s crypto treasury, with a cost basis of $1.24 billion, is now valued at $821.9 million, resulting in an unrealized book loss of approximately $423 million. The treasury holds 9,542 bitcoins, valued at $767 million, with an average cost of $118,529 per bitcoin; during the quarter, bitcoin declined by approximately 22%. The company also holds 7.56 billion Cronos tokens, valued at $54 million.