#TrumpBTCTreasury The U.S. Securities and Exchange Commission (SEC) has declared the registration of Trump Media's Bitcoin treasury effective. This means that Trump Media & Technology Group (TMTG) plans to hold cryptocurrencies, such as Bitcoin, as a crucial part of its assets. Devin Nunes, CEO of TMTG, has stated that they see Bitcoin as a fundamental instrument for financial freedom.

Additionally, Trump Media announced a stock offering to raise 3 billion dollars, intended for the purchase of cryptocurrencies. The funds will allow the creation of a "Bitcoin treasury" that aligns with the proposal for a national reserve of this cryptocurrency. A related plan, the "Trump Bitcoin Vault," is also mentioned in the context of a strategic reserve of Bitcoin that would be capitalized with Bitcoin confiscated by the federal government. This initiative aims for Bitcoin to become a strategic reserve at the country level, backed by 50 institutional investors. TMTG has also submitted an application to launch an exchange-traded fund (ETF) for Bitcoin called the "Truth Social Bitcoin ETF." The company Crypto.com would be the exclusive custodian and liquidity provider for this ETF.

Although Donald Trump expressed skepticism about cryptocurrencies in the past, his position has evolved, accepting donations in crypto and launching his own digital token.