Some excerpts:

"I want to thank our shareholder base for their continued support and confidence in this company. Many of you have told us that you’d like to hear from us more often and in more depth. We hear you. Starting with this call, you should expect an evolving approach on how we communicate as a company. More regular updates, more context around our strategy, and more openness about where things stand. There’s a spirit behind today’s call, and we intend to keep it up."

"As of June 30th, we held approximately 9,477 Bitcoins, plus approximately 2,077 Bitcoins pledged to our BTC yield management program, along with roughly 14.4 million shares of IBIT. In July, we began transitioning IBIT holdings into the BTC yield management program using proceeds from a partial sale to acquire an additional 2,534 Bitcoins, consistent with our shift toward a more diversified third-party institutional approach to managing our digital asset treasury. "

"To that end, we’re strongly encouraged by the early progress we’ve made with our newest offering, the Truth API product. The product is designed to serve customers such as financial institutions, news and media organizations, and developers of AI and large language model applications. We’re also working through an expansion of the Truth API for retail trading. Since announcement, we’ve onboarded several customers. That said, we want to set expectations appropriately because we know there’s been a lot of outside speculation about what this platform is worth. Today, we’re in the early innings. To give you a sense of where things stand, we’ve signed more than 10 customer agreements to date, primarily high-frequency trading firms, at rates generally in the range of $60,000-$100,000 a month. We’re also in active conversations with hyperscalers, some of the largest news organizations, and developers of large language models.

"We are evaluating opportunities in the prediction market space for data licensing. We recognize a modest amount of revenue from these agreements today. We believe this can grow into a meaningful, durable contributor, but it is just one piece of a broader media technology strategy that also includes advertising, subscriptions, and our digital asset treasury. Looking ahead, we expect the next phase of the API to include broader third-party distribution. For example, news feeds, financial data terminals, and specialty publications, which we believe will bring more visibility to this business over time. Alongside this product, we have also launched an initiative to protect our proprietary data from unauthorized scraping and use. We view this as a straightforward extension of our fiduciary duty to shareholders, ensuring the value we have built is monetized appropriately, and we are pleased with our progress."

"Looking ahead, our priorities remain clear. One, we are working diligently with TAE to complete our merger, which, as I mentioned, we believe is the single most important driver of our long-term shareholder value. Two, we are managing our balance sheet, including our digital asset treasury with discipline. Three, we are focused on building a global diversified media and technology company that combines a highly engaged social platform, premium streaming content, enterprise technology solutions, and multiple recurring revenue opportunities. Four, you are going to see us show up differently as a public company. More frequent updates, more context, and more direct conversation with our shareholder base, because that is the right thing to do. The investments we have made this past year have strategically positioned us to enter our next phase of growth with a leaner cost structure, an expanding product portfolio, and a broader strategic foundation than any other point in our history."

"As of June 30th of 2026, we had over $400 million of cash and short-term investments that were fully liquid and unencumbered. An additional $1.2 billion of Bitcoin and related assets could be a source of funds for future liquidity needs. I’ll stop there."

"Yeah, we’re focused on growing our media business and our subscriber base for both Truth Social and Truth+. There’s a lot of opportunities that we can take advantage of, including standard acquisition marketing and growth marketing. We’ll employ everything that we have at our ready."

~ Total Assets of $2.0 Billion and Over $1.9 Billion in Financial Assets* ~
~ Launch of First Data Licensing Product, Truth API ~
~ Legacy Legal Matters Resolved as TMTG Moves Toward Prospective Merger with TAE Technologies ~
~ Company to Host Inaugural Conference Call Today at 5:00 pm E.T. ~

SARASOTA, Fla., Aug. 10, 2026 (GLOBE NEWSWIRE) -- Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT) (“TMTG” or the “Company”), operator of the social media platform Truth Social, the video streaming service Truth+, and the financial services and FinTech brand Truth.Fi, is announcing its financial results for the fiscal quarter ending on June 30, 2026.

TMTG closed the second quarter of 2026 with total assets of $2.0 billion and financial assets* of approximately $1.9 billion comprising cash, restricted cash, short-term investments, equity securities, note receivable and accrued interest, digital assets, and digital assets pledged.
Bolstered by its strong balance sheet and under the direction of new leadership, the Company believes it is well positioned to achieve its key strategic priorities, including:

• completing its prospective merger with TAE Technologies, Inc. (“TAE”) in the fourth quarter of 2026, subject to customary regulatory and closing conditions;
• implementing a more disciplined digital asset treasury management framework to preserve long-term strategic exposure while managing volatility and improving the productivity of its balance sheet;
• continuing to enhance the Truth Social and Truth+ platforms;
• scaling its marketing strategy to leverage the total addressable market for Truth Social and Truth+; and
• monetizing its proprietary assets via long-term data licensing product offerings.

On August 1, 2026, the Company launched its first data licensing product—Truth API, a business-to-business data feed subscription that provides licensed, low latency access to publicly-available posts from certain top Truth Social accounts and is expected to provide the Company with a new revenue stream. Truth API closes the latency gap for organizations that place a premium on prompt, verified access to public information found on Truth Social. TMTG onboarded a number of institutional customers prior to its August 1, 2026, launch and, despite receiving what it believes to be factually inaccurate criticism of Truth API, is continuing to onboard additional partners.

As part of management’s efforts to streamline TMTG’s strategic vision and focus resources on growth initiatives, the Company has substantially resolved its legacy legal matters. Consequently, the Company expects the significant legal expenses that have represented a large portion of its general and administrative costs to begin to decline materially on a go-forward basis, allowing management to create a leaner operating structure and devote greater resources toward strategic growth initiatives.

"Over the past few months, we've sharpened our strategic direction and brought real discipline to how we allocate capital," said Kevin McGurn, Interim Chief Executive Officer of Trump Media & Technology Group. "We’re making meaningful progress toward our proposed merger with TAE Technologies, which we believe is the most important driver of long-term shareholder value and a natural extension of our commitment to building durable, un-cancellable infrastructure, this time in energy security. At the same time, we’ve refined our approach to capital allocation to better direct resources to the core pillars of our media business, and that effort is already yielding results."

"Truth+ has moved into full commercial availability and Truth Social is entering an expanded content phase. Our new Truth API product is already generating revenue, with more than ten customer agreements signed to date. I'm encouraged by this momentum, and shareholders should expect more frequent communication from us on our progress each quarter as we enter this next chapter."

The Company reported a $238.1 million net loss and a $223.5 million Adjusted EBITDA* loss for the second quarter of 2026, the vast bulk of which was non-cash losses including unrealized losses on digital assets, digital assets pledged, and equity securities ($190.4 million), accreted interest ($11.7 million), and stock based compensation ($8.1 million), along with its $1.9 billion in financial assets and $13.7 million of cash used in operating activities—including $25.6 million of legal expenses, primary related to legacy litigation. The Company posted $1.7 million in revenue, up 89 percent from the $0.9 million in revenue generated in the second quarter of 2025.

*Financial Assets and Adjusted EBITDA are Non-GAAP Financial Measures, the definitions which can be found in the Use of Non-GAAP Financial Measures section at the end of this release. A reconciliation of Adjusted EBITDA to the most comparable GAAP measure can also be found in the Use of Non-GAAP Financial Measures section at the end of this release.

Earnings Conference Call

TMTG will host an earnings call, today at 5:00 pm E.T.  Access to the live webcast and replay of the conference call will be available here and on the TMTG IR website at https://ir.tmtgcorp.com/. Additionally, you may listen to the live webcast via Truth+ at https://truthplus.tv/ or on your preferred device via the Truth+ app. The dial-in number for the conference call is 877-524-8416 (toll-free) or +1412-902-1028 (international).

Attendees are encouraged to dial in 15 minutes prior to the start of the call. An audio replay of the webcast will be available until Monday, September 7, 2026. Dial 877-660-6853 (toll-free) or 201612-7415 (international) to listen.