Companies

Truth Social Reports 1st Positive Operating Cash Flow, $3 Billion in Assets

The company touts first positive cash flow, $2 billion bitcoin trove as it vows to expand through mergers and acquisitions, help advance ‘America First’ agenda.
Truth Social Reports 1st Positive Operating Cash Flow, $3 Billion in Assets
A person checks the Apple App Store for Truth Social, with a photo of former President Donald Trump on a computer screen in the background, in Los Angeles on Oct. 20, 2021, in this photo illustration. Chris Delmas/AFP via Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Trump Media and Technology Group, parent company of Truth Social, said on Aug. 1 that it ended the second quarter with $3.1 billion in financial assets and posted its first quarter of positive operating cash flow as the company ramps up its cryptocurrency strategy.

The company, which went public in 2024, reported cash flow from operations of $2.3 million for the quarter ending on June 30, according to a Securities and Exchange Commission (SEC) filing disclosed on Aug. 1.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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