#TrumpBTCTreasury
The U.S. Securities and Exchange Commission (SEC) has announced the commencement of registration for Trump Media for a Bitcoin treasury deal, opening the door for the company to acquire Bitcoin with its recently raised capital of $2.3 billion.
The company has not disclosed the amount of Bitcoin it plans to acquire, indicating that purchases are optional and the raised capital can be used for general company purposes.
The application includes a comprehensive guarantee of $12 billion, allowing Trump Media to issue more shares, debt, or subscription orders at any time.
