According to CoinMeta, Trump Media and Technology Group announced on August 10 that its net loss for the second quarter reached $238.1 million, mainly due to the decline in the valuation of digital assets and securities affecting its balance sheet. The company also announced plans to implement a “more rigorous financial management framework for digital assets” aimed at maintaining a long-term exposure to crypto assets while reducing volatility and increasing asset productivity. According to the latest annual report, Trump’s revocable trusts hold approximately 41.1% of the company’s voting rights. A document from Trump Media dated August 10 showed that quarterly revenue was $1.67 million, a year-on-year increase of 89%. The company recorded realized and unrealized losses of $116.7 million on digital assets and securities in the second quarter, with total unrealized losses reaching $190.4 million.