#TrumpBTCTreasury Trump Media and Technology Group (TMTG), the parent company of Donald Trump's Truth Social platform, has received approval from the US Securities and Exchange Commission (SEC) for a $2.3 billion Bitcoin treasury deal. This move marks a significant foray into cryptocurrency for the company, positioning it as a major player in corporate Bitcoin adoption.¹ ²

*Key Details:*

- *SEC Approval:* The SEC declared the registration statement effective on June 13, 2025, allowing TMTG to proceed with the Bitcoin treasury plan.

- *Funding:* The company raised approximately $2.5 billion from institutional investors, comprising $1.5 billion via equity and $1 billion via convertible notes.

- *Bitcoin Treasury:* TMTG aims to establish one of the largest Bitcoin treasuries among publicly traded companies, alongside its existing $759 million in cash and equivalents.

- *Strategic Move:* This deal reflects Trump's "crypto-capital" vision, aiming to enhance financial resilience and challenge banking constraints.³ ⁴

*Potential Impact:*

- *Corporate Bitcoin Adoption:* TMTG's move could signal a turning point for corporate Bitcoin adoption, with potential implications for the financial and tech sectors.

- *Truth Social Bitcoin ETF:* The company has also filed for a Truth Social Bitcoin ETF, aiming to give shareholders direct Bitcoin exposure.