
PANews|Jun 14, 2025 02:17
SEC approves registration statement for Trump Media and Technology Group's Bitcoin Treasury protocol
According to GlobeNewswire, the Trump Media and Technology Group (DJT) announced that the previously submitted S-3 registration statement has been approved by the US SEC to take effect.
The statement involves debt and equity financing agreements reached between the company and approximately 50 investors, with a total fundraising amount of approximately $2.3 billion. This is one of the largest Bitcoin treasury transactions by a listed company to date. The funds will be used to establish a Bitcoin vault and for general corporate purposes, and to register 56 million shares of stocks and 29 million convertible notes. The document also includes a general shelf registration, providing flexibility for subsequent capital operations.
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