Trump Media reported roughly $360.6 million in losses on digital assets and related holdings for the first half of 2026, the company disclosed this week, with a second-quarter net loss of about $238 million driven largely by markdowns on its Bitcoin and CRO positions.

The filing lands a few days after Trump Media, Crypto.com, and Yorkville Acquisition Corp. mutually terminated a proposed $6.42 billion CRO treasury company on August 7, along with a related ETF-servicing agreement and plans to integrate Crypto.com-powered prediction markets directly into Truth Social. Interim CEO Kevin McGurn attributed the reversal to competitive dynamics rather than any single setback, saying the digital asset treasury market had grown crowded…