Truth Social owner Trump Media & Technology Group (TMTG), one of the many businesses funneling cash towards President Donald Trump while he sits in office, posted a $410 million quarterly profit based almost entirely on crypto gains while continuing to bleed money on its core business. A huge chunk of its revenue now comes from selling advance access to posts from a handful of Truth Social’s most popular accounts, including Trump’s.

That’s according to TMTG’s Q3 2026 SEC filings. In TMTG’s Form 8-K, the firm attributed revenue growth primarily to “$1.8 million of subscription growth” from Truth API, the service in question, and the Truth+ streaming service. Its more detailed Form 10-Q broke that $1.8 million in growth down further: about $1.3 million came from subscriptions and $0.5 million came from advertising. All told, TMTG pulled in $3 million in revenue throughout the quarter, of which $1.4 million came from subscriptions to the two services.

In August 2026, per the Wall Street Journal, TMTG announced that it had reached more than 10 customers, each of whom was paying $60,000 to $100,000 monthly for “fractionally faster” access (a few milliseconds) to public content on Truth Social, Trump’s primary posting outlet.

Some crucial context: TMTG’s Form 10-Q from Q2 acknowledged the company was making a pitiful $180,000-$190,000 or so a quarter from subscriptions, so Truth API is presumably out-earning Truth+’s entire subscription base by as much as 6x. All of these numbers pale in comparison to the money TMTG made just from rising crypto prices, although those are gains on paper.

Source link