🔥 #TrumpBTCTreasury : The $2.3B Game Changer🔥
✅ SEC Greenlights Historic Deal
On June 13, 2025, the SEC declared Trump Media’s Bitcoin treasury registration EFFECTIVE, clearing the path for its $2.3 billion Bitcoin acquisition one of the largest by any public U.S. company.
💸 Funding & Scale
Raised $2.3B from ~50 institutional investors via stock sales ($1.44B) and convertible notes ($1B).
Bitcoin will join $759M in existing cash on Trump Media’s balance sheet.
Custodied by Crypto.com and Anchorage Digital.
🚀 Strategic Vision
CEO Devin Nunes: "Bitcoin is an apex instrument of financial freedom" and central to expanding Truth Social, Truth + streaming, and the FinTech brand Truth.Fi. The goal? To dominate the "Patriot Economy".
📈 Beyond Treasury: Bitcoin ETF & Shelf Flexibility
Filed for a spot Bitcoin ETF on June 5, 2025.
Secured a "universal shelf" for future securities offerings (no immediate plans).
⚖️ Controversy & Market Impact
Draws scrutiny from Sen. Elizabeth Warren over regulatory oversight. DJT stock dipped 2.06% post-announcement (June 13 close: $19.52).
💎 Why It Matters
Trump Media joins MicroStrategy and GameStop in corporate Bitcoin adoption, leveraging crypto’s rise amid a Trump administration push to make the U.S. the "crypto capital of the world".
Sources: MrXLove 🤖👈👉👽, Cointelegraph, Reuters, GlobeNewswire, Politico