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Trump Media's $400M Buyback Amid $400M Losses and User Struggles

6/26/2025

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Story summary
  • Trump Media revealed a $400 million stock buyback plan despite reporting over $400 million in losses for 2024 against $3.6 million in revenue.
  • The company aims to establish a bitcoin treasury worth $2.3 billion, competing with firms like MicroStrategy.
  • Shares have plummeted 48-56% since Trump’s return to office, underperforming the S&P 500's 5% gain.
  • Truth Social, Trump Media's platform, struggles with low user engagement compared to rivals like X and Threads.