#TrumpBTCTreasury SEC approved the financing deal for Trump Media for $2.3 billion.

The Trump Media & Technology Group received approval from the U.S. Securities and Exchange Commission to register Form S-3, allowing for a significant financing deal amounting to $2.3 billion. The agreement includes debt and equity financing involving about 50 investors, making it one of the largest treasury deals with bitcoin among public companies.

The registration allows for the resale of approximately 56 million common shares and shares related to 29 million convertible bonds.