Trump Media Technology (Trump Media) $DJT announced its Q2 2025 financial report, key points Raised approximately $2.4 billion through private financing, investing in Bitcoin and related assets, with financial assets reaching $3.1 billion as of June 30 As of July, holds about $2 billion in BTC, becoming one of the publicly traded companies with the largest Bitcoin holdings in the world Data shows holding 18,430 BTC, second only to Strategy $MSTR which holds 628,791 BTC; Galaxy Digital $GLXY holds 46,564 BTC; $MARA holds 49,179 BTC; $RIOT holds 19,225 BTC Operating cash flow of $2.3 million, achieving positive cash flow for the first time Revenue of $900,000, which is negligible Net loss of $20 million, most of which is non-cash (stock incentives, depreciation, etc.) Legal fees reached $15 million, largely related to the SPAC merger in 2024 Its products include: social media platform Truth Social, video platform Truth+ (currently in beta testing for the "Patriot Package" subscription service) and fintech brand Next, plans to launch the Truth Wallet, introducing a functional token reward system (Utility Token), allowing users to pay for Truth+ subscriptions with tokens The highlight, Trump Media continues to advance its ETF and asset management business, having submitted multiple fund registration applications, such as: Truth Social Crypto Blue Chip ETF; Bitcoin and Ethereum ETF; Bitcoin ETF. However, as a shareholder of Truth Social, losses are significant, with the stock price remaining sluggish, down over 50% since 2025.