๐จ BREAKING: SEC approves Trump Mediaโs $2.3B Bitcoin treasury registration! ๐บ๐ธ๐ฐ TMTG also eyes a Bitcoin ETF ๐๐ Is the "Patriot Economy" going crypto?
Filed on June 6, the approval covers 56M shares + 29M tied to convertible notes, sourced from 50 investors. While thereโs no immediate issuance planned, this gives Trump Media major capital flexibility.
CEO Devin Nunes confirmed TMTG is ramping up operations โ from Truth Social to a new TV streaming platform and a fintech division โ with Bitcoin now part of its official treasury strategy! ๐ฒ๐ฅ๐ธ
On top of that, Trump Media has filed for a Bitcoin ETF, aiming to track BTC market price directly. If approved, it could reshape the crypto ETF market in the U.S. ๐๐
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