1. Trump Media’s $2.3 B Bitcoin treasury deal gets SEC sign‑off.
June 13, the SEC declared Trump Media’s S‑3 registration for its Bitcoin treasury plan “effective,” clearing the way for the company to raise about $2.3 billion. This included 56 million shares and 29 million convertible‑note units sold to roughly 50 investors . The funds will be used to hold BTC on the company’s balance sheet alongside its $759 million in cash and short‑term assets . Trump Media aims to integrate BTC into its broader media–finance strategy—spanning Truth Social, streaming, fintech, and a potential Bitcoin ETF .
2. Trump earned ~$57 M from World Liberty Financial crypto venture.
Financial disclosures show Trump asserted $57.35 million ($57.4 million) income from World Liberty Financial—his family‑backed DeFi/stablecoin project—via token sales through December 2024. He holds about 15.75 billion governance tokens . This crypto windfall marks one of his largest income sources, amplifying scrutiny over ethics and potential conflicts as he pushes a pro‑crypto agenda .
3. Pro‑crypto policy shift under Trump’s second term.
Earlier this year, Trump signed an executive order creating a “Strategic Bitcoin Reserve” and a broader digital‑asset stockpile from seized assets, aiming to position the U.S. as a crypto leader . His administration also hosted a White House “Crypto Summit” and paused enforcement actions against major platforms—marking a clear pivot from prior skepticism .
