[REVISION HISTORY]

Donald Trump financial and cryptocurrency asset volatility

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2026-11-10 02:23 UTC → 2026-11-10 09:52 UTC · added ~~removed~~

Investigations into cryptocurrency ventures associated with Donald Trump and his family have highlighted a significant disparity between family profits and investor losses. Reports indicate the Trump family generated at least $2.3 billion in profits from four crypto ventures, while over one million investors suffered combined losses of approximately $2.3 billion as of April 2026. Specifically, the ‘Official Trump’ (TRUMP) meme coin saw a price decline of roughly 97% from its January 2025 peak, with analysts reporting that the team behind the token extracted between $779.4 million and $1.16 billion from buyers. Following Democratic victories in the U.S. midterm elections, Trump’s personal wealth experienced a further decline. This was driven by a sharp sell-off in Trump Media & Technology Group (TMTG) stock, which fell below $5 per share. TMTG reported a net loss of $238.1 million in the second quarter of 2026. Additionally, Trump-linked cryptocurrency assets, such as the World Liberty Financial tokens, underperformed and saw steep declines in value following the election results. By the third quarter of 2026, TMTG reported a profit of $409.7 million, a turnaround from the previous year. This profit was primarily driven by a $496.1 million gain in digital assets and equity securities, which partially offset non-monetary costs. Revenue rose to $3 million, supported by media division subscriptions like the Truth+ streaming ~~platform.~~ platform and the Truth API, a data feed service launched in August. TMTG also increased its Bitcoin holdings by a net 1,510 BTC during the quarter, bringing its total to approximately 15,649 BTC. Despite ~~this~~ the profit, TMTG stock remained volatile, falling 50% over a month following the midterm elections. The company is currently working toward a planned $6 billion merger with TAE Technologies, expected to close in the fourth quarter.

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