# How Can Truth Social be worth $6 Billion? {Trump Media & Technology (DJT)}

**URL:** <https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202>\
**Category:** In My Humble Opinion\
**Tags:** trump\
**Created:** [March 22, 2024, 1:23pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202 "2024-03-22T13:23:05Z")\
**Posts on this page:** 20\
**Page:** 53

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**Author:** ![DSeid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dseid/32/20194_2.png) [@DSeid](https://boards.straightdope.com/u/DSeid)\
**Post date:** [March 19, 2026, 10:28pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1041 "2026-03-19T22:28:43Z")

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I’m going stab at it myself. Its enterprise value is now higher than its market cap. The value of its financial assets alone are close to its market cap.

I don’t think it can reasonably drop much lower than this? The money losing media bit is small compared to its various crypto holdings. Still better to directly own the crypto but not by very much, and this comes with the potential for its price to increase when the next entity wanting to launder bribe money to Trump cones round.

I wouldn’t buy. I don’t do crypto direct even. But I can see why some would at levels not much less than this.

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**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\
**Post date:** [March 20, 2026, 12:01am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1042 "2026-03-20T00:01:28Z")

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I’m probably not understanding this completely but isn’t the value of crypto down like 40% over the last six months? What if crypto keeps collapsing?

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**Author:** ![DSeid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dseid/32/20194_2.png) [@DSeid](https://boards.straightdope.com/u/DSeid)\
**Post date:** [March 20, 2026, 12:21am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1043 "2026-03-20T00:21:12Z")

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Then DJT does as well as most of its actual value is its crypto holdings. I suspect for speculators its outsized volatility is additional attraction? They want to play any jumps up and down.

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**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\
**Post date:** [March 20, 2026, 9:09pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1044 "2026-03-20T21:09:52Z")

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Every day a new low - $8.58 (with moments down to $8.31

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**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [March 20, 2026, 11:58pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1045 "2026-03-20T23:58:27Z")

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> [@Andy\_L](#):
>
> Every day a new low

That should be the Truth Social motto!

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**Author:** ![wolfpup](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wolfpup/32/10618_2.png) [@wolfpup](https://boards.straightdope.com/u/wolfpup)\
**Post date:** [March 21, 2026, 12:04am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1046 "2026-03-21T00:04:28Z")

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> [@Darren\_Garrison](#):
>
> > [@Andy\_L](#):
> >
> > Every day a new low
> 
> That should be the Truth Social motto! &nbsp;

Hell, that should be Trump’s personal motto, and it should be incorporated into the fake heraldic family crest he once commissioned.

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**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\
**Post date:** [March 21, 2026, 12:08am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1047 "2026-03-21T00:08:05Z")

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“Quotidie novum infimum” according to Google’s translator

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**Author:** ![LSLGuy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/lslguy/32/5813_2.png) [@LSLGuy](https://boards.straightdope.com/u/LSLGuy)\
**Post date:** [March 21, 2026, 1:14am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1048 "2026-03-21T01:14:46Z")

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I think we should instead use “Warner Brother’s Latin”. In which case “Every day a new low” translates as “Loserus Maximus deum”

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**Author:** ![dtilque](https://avatars.discourse-cdn.com/v4/letter/d/d6d6ee/32.png) [@dtilque](https://boards.straightdope.com/u/dtilque)\
**Post date:** [March 21, 2026, 4:48pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1049 "2026-03-21T16:48:01Z")

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> [@wolfpup](#):
>
> Hell, that should be Trump’s personal motto, and it should be incorporated into the fake heraldic family crest he once commissioned.

How about we put it on the Trump gold coin instead of E Pluribus Unum.

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**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\
**Post date:** [April 12, 2026, 11:43pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1050 "2026-04-12T23:43:08Z")

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No new lows, but we’re at about a full month of prices lower than the original valuation. Maybe Vance should visit DJT Social offices - he did wonders for Orban

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**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\
**Post date:** [April 22, 2026, 2:54pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1051 "2026-04-22T14:54:17Z")

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Devin Nunes is OUT:

[https://www.politico.com/news/2026/04/21/former-republican-rep-devin-nunes-out-as-trump-media-ceo-00886234](https://www.politico.com/news/2026/04/21/former-republican-rep-devin-nunes-out-as-trump-media-ceo-00886234)

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**Author:** ![Mollie\_Magill](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/mollie_magill/32/20882_2.png) [@Mollie\_Magill](https://boards.straightdope.com/u/Mollie_Magill)\
**Post date:** [April 22, 2026, 3:07pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1052 "2026-04-22T15:07:39Z")

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I wonder what his cow thinks of that.

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**Author:** ![Gyrate](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gyrate/32/3588_2.png) [@Gyrate](https://boards.straightdope.com/u/Gyrate)\
**Post date:** [April 23, 2026, 10:51am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1053 "2026-04-23T10:51:05Z")

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I wonder if this will cause the share price to go up or down.

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**Author:** ![wolfpup](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wolfpup/32/10618_2.png) [@wolfpup](https://boards.straightdope.com/u/wolfpup)\
**Post date:** [April 23, 2026, 11:03am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1054 "2026-04-23T11:03:53Z")

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> [@JohnT](#):
>
> Devin Nunes is OUT:
> 
> [https://www.politico.com/news/2026/04/21/former-republican-rep-devin-nunes-out-as-trump-media-ceo-00886234](https://www.politico.com/news/2026/04/21/former-republican-rep-devin-nunes-out-as-trump-media-ceo-00886234)

From the article:

> The company recorded a net loss of more than $712 million and revenues of $3.7 million in 2025. Trump Media shares have struggled all the while as well. The stock, which trades under the ticker “DJT,” closed at $9.82 on Tuesday — marking a more than 75 percent decline since Trump’s inauguration.

I don’t know who this Kevin McGurn character is, but I assume he couldn’t possibly be as stupid as either Orange Trump or Little Trump Jr. No company with that kind of track record and no future prospects is a company that any sane, ethical person would choose to run. I assume his plan is to exit on a golden parachute around the time that the stock hits zero.

ETA: It’s hard to understand how running a server in somebody’s basement could result in a $712M net loss. I assume part of this is a tax scam, and part is due to Devin’s plan to turn TS into an amazing futuristic video streaming service (no, I’m not making that up!)

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**Author:** ![billy-jack](https://avatars.discourse-cdn.com/v4/letter/b/ac91a4/32.png) [@billy-jack](https://boards.straightdope.com/u/billy-jack)\
**Post date:** [April 23, 2026, 11:20am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1055 "2026-04-23T11:20:30Z")

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What do you bet that Trump advances a plan to bail it out. He seems to like Socialism.

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**Author:** ![Dr.Winston\_OBoogie](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr.winston_oboogie/32/2945_2.png) [@Dr.Winston\_OBoogie](https://boards.straightdope.com/u/Dr.Winston_OBoogie)\
**Post date:** [April 23, 2026, 6:34pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1056 "2026-04-23T18:34:29Z")

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> [@xizor](#):
>
> “Trump Media pivoted from media operations to Bitcoin treasury management, with cash flow now coming from crypto-linked options rather than Truth Social subscribers.”

> [@DSeid](#):
>
> I don’t think it can reasonably drop much lower than this? The money losing media bit is small compared to its various crypto holdings. Still better to directly own the crypto but not by very much, and this comes with the potential for its price to increase when the next entity wanting to launder bribe money to Trump cones round.

> [@wolfpup](#):
>
> ETA: It’s hard to understand how running a server in somebody’s basement could result in a $712M net loss. I assume part of this is a tax scam, and part is due to Devin’s plan to turn TS into an amazing futuristic video streaming service (no, I’m not making that up!)

I’m sure that most of the $712 net loss comes from the drop in share price. They “own” as substantial number of shares of their own stock, so they have to report the stock loss as investment loss. At this point, I think it exists SOLELY as an entity for bribing Trump.

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**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [May 9, 2026, 1:19am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1057 "2026-05-09T01:19:00Z")

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Another 400 million burned.

> **[Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9...](https://variety.com/2026/digital/news/trump-media-truth-social-q1-2026-earnings-sales-net-loss-1236742097/)**
>
> Trump Media and Technology Group, operator of the social media platform Truth Social, reported a massive net loss for the first three months of 2026 -- and less than $1 million in total sales.

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**Author:** ![Pardel-Lux](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pardel-lux/32/20182_2.png) [@Pardel-Lux](https://boards.straightdope.com/u/Pardel-Lux)\
**Post date:** [May 9, 2026, 8:03am UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1058 "2026-05-09T08:03:34Z")

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Those millions must be going somewhere. I would congratulate the recipients where it not for my suspicion about who they are, and how despicable.

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<div class="post-metadata">

**Author:** ![Darren\_Garrison](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/darren_garrison/32/92_2.png) [@Darren\_Garrison](https://boards.straightdope.com/u/Darren_Garrison)\
**Post date:** [May 12, 2026, 11:40pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1059 "2026-05-12T23:40:58Z")

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Prices headed down again. Today’s lowest was $8.65, pretty close to the all-time low of $8.31.

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**Author:** ![Andy\_L](https://avatars.discourse-cdn.com/v4/letter/a/c67d28/32.png) [@Andy\_L](https://boards.straightdope.com/u/Andy_L)\
**Post date:** [May 12, 2026, 11:43pm UTC](https://boards.straightdope.com/t/how-can-truth-social-be-worth-6-billion-trump-media-technology-djt/999202/1060 "2026-05-12T23:43:54Z")

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It’s been very spiky lately too - sudden drops and sudden rises.

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