#TrumpBTCTreasury
📰 Trump Media Launches $2.3B Bitcoin Treasury Plan
Trump Media & Technology Group (TMTG), the company behind Truth Social, just received SEC approval to back a $2.3 billion Bitcoin treasury .
They raised funds through both stock (about $1.5 billion) and convertible notes ($1 billion), adding to $759 million in existing cash and equivalents .
What it means:
TMTG is now among the largest U.S. public companies planning to hold Bitcoin on its balance sheet, following MicroStrategy and the like .
The move reflects a growing trend—firms using Bitcoin as a hedge or strategic asset .
This entire plan uses the SEC‑declared effective S‑3 registration, so they have full legal backing .
Why it matters now
This signals a continued shift: crypto is no longer fringe—it’s being adopted in serious corporate treasuries.
It strengthens Bitcoin’s legitimacy, which may prompt others to follow suit.
On-chain metrics show low exchange reserves and steady ETF inflows, painting a bullish picture on BTC's short-to-medium term outlook .
🔎 Quick Take
Trump Media is doubling down on Bitcoin—now officially backed and funded. With corporate players entering the space, BTC’s role as a mainstream asset keeps growing.