Trump Media aims to raise up to $12 billion in capital through the filing submitted to the SEC, accelerating its bitcoin acquisition strategy and positioning for a robust expansion process thanks to cryptocurrency.

Trump Media seeks SEC approval to raise up to $12 billion to boost Bitcoin holdings

Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT), founded and largely owned by President Donald Trump, revealed on June 5 that the company filed a registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC) to register securities up to $12 billion—a move marking a significant step in the company's financial and strategic roadmap.

The universal shelf registration will allow the company to issue various types of securities, including common stock, preferred stock, debt instruments, warrants, rights, and units. In the filing, the company stated:

The total initial offering price of all securities we sell under this prospectus will not exceed $12.0 billion.

This shelf provides broad flexibility for capital raising to support future initiatives, including mergers, acquisitions, or at-the-market offerings (ATM).

The registration comes after Trump Media previously announced a $2.3 billion funding through equity and debt registration agreements involving about 50 investors. Proceeds from those agreements will be used to establish the company's bitcoin reserve fund and support general operations. As part of the filing under Form S-3, the company is registering approximately 84.7 million shares of common stock for resale, including 56 million shares of equity and 29 million shares that may be issued from convertible bonds.

Although the company has not disclosed plans to immediately issue securities under the $12 billion limit, it has emphasized the importance of having these mechanisms in place to pursue growth opportunities quickly and efficiently.

Trump Media is linking its capital strategy to a long-term bitcoin treasury plan. "TMTG will acquire bitcoin and related bitcoin holdings in amounts and timing that the company deems optimal," the company stated in the filing. The company added

We will continue to implement our bitcoin strategy, including considering raising additional capital to purchase bitcoin and bitcoin-related products as market conditions allow.

CEO Devin Nunes described this registration as a foundation for future expansion, asserting that it provides "the capital, assets, independence, flexibility, and security we need to achieve our rapid expansion goals."

Despite litigation risks and market hurdles, Trump Media is positioning itself among the growing public companies leveraging bitcoin as a core financial asset. Trump Media is also seeking SEC approval to launch the Truth Social Bitcoin ETF.