
PANews|Jun 06, 2025 01:13
Trump media submits registration documents for Bitcoin vault plan, raising a total of $2.3 billion from 50 investors
According to GlobeNewswire, Trump Media Company has submitted an S-3 registration statement to the US SEC, involving a Bitcoin vault financing plan that previously raised $2.3 billion from around 50 investors.
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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