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.
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.
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
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!)
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.