Trump could lose a billion dollars due to cryptocurrencies

The media company of the family of US President Donald Trump risks receiving a debt of almost $ 1 billion due to a failed investment in bitcoin, according to the Financial Times.

Trump Media & Technology Group, which runs Truth Social, may be forced to pay off nearly a billion in debt. On November 30, the owners of its bonds will be entitled to demand early refunds. To pay, the company will have to sell some assets or take expensive loans.

The situation worsens the fall of cryptocurrency and the value of the company’s securities. Since the beginning of 2026, TMTG shares have lost more than 60% and plunged to $4.64. Creditors can exchange bonds for shares at $ 34.72 per share, but at the current price, this option is unprofitable for them.

Over the year, bitcoin fell by about a third. At the same time, crypto assets remain the main wealth of the company - at the end of the third quarter they were estimated at $ 1.36 billion.

For 9 months, TMTG recorded a loss of $234 million. The share of trump in the company is estimated at about 460 million dollars.

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