#TrumpBTCTreasury
Trump Media & Technology Group (TMTG), backed by Donald Trump, received SEC approval on **June 13, 2025** for a **\$2.3 billion Bitcoin treasury deal**, raising funds via equity and convertible debt from \~50 investors . The company plans to hold BTC alongside \~\$759 million in cash/short-term investments ([reuters.com][2]). They’ve also filed for a **Truth Social spot Bitcoin ETF**, giving shareholders direct exposure ([binance.com][3]). This move aligns with Trump’s broader strategy—following his March executive order—to position Bitcoin as a U.S. strategic reserve asset and reflects his pro‑crypto regulatory shift.
