Truth Social lost $405.9 million on $871,200 in revenue last quarter

Let's talk about the media empire of the man who spent four years screaming FAKE NEWS at every outlet that covered him accurately.

Trump Media & Technology Group — parent company of Truth Social — posted a net loss of $405.9 million in Q1 2026. Total revenue: $871,200. That's not a typo. Eight hundred seventy-one thousand dollars. Of that, $61,100 came from management fees on something called Truth.Fi. Devin Nunes, who was running the thing, stepped down. The company holds thousands of bitcoin, some of it pledged as collateral, and is now planning a merger with an AI datacenter company. Trump's trust owns 41% of the shares.

This is what "winning" looks like. The man who told you CNN was dying, that the New York Times was failing, that every institution that fact-checked him was a disaster — his own platform bleeds $400 million in a single quarter and doesn't crack a million dollars in actual revenue. Not a media company. A vanity project with a stock price propped up by vibes and crypto volatility. The fake news was always coming from inside the house.