#TrumpBTCTreasury

🚨 Breaking Crypto News 🚨

Trump Media and Technology Group (TMTG), the parent company of Truth Social, has secured approval from the U.S. Securities and Exchange Commission (SEC) for its $2.3 billion Bitcoin treasury deal. This strategic move enables TMTG to bolster its balance sheet with Bitcoin, aligning with the growing trend of institutional adoption of digital assets.

The funding comprises $1.5 billion in equity and $1 billion in convertible debt, sourced from approximately 50 institutional investors. These funds will be utilized to establish a Bitcoin treasury and support initiatives such as a Truth Social Bitcoin ETF, providing shareholders with direct exposure to Bitcoin.

This development positions TMTG alongside firms like MicroStrategy in adopting Bitcoin as a treasury asset, signaling a significant shift in the corporate approach to digital currencies.

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