#TrumpBTCTreasury

Trump Media and Technology Group recently received SEC approval—the S‑3 registration was declared effective on June 13—for a major $2.3 billion “Bitcoin treasury” initiative . The company, backed by Donald Trump’s family, raised the funds through equity and convertible note offerings from about 50 investors. With this move, it plans to hold Bitcoin on its balance sheet alongside existing cash assets, echoing strategies adopted by firms like MicroStrategy . Trump Media’s CEO Devin Nunes frames the strategy as a defense against financial censorship and a cornerstone of the “Patriot Economy.” Market reaction was modest, with shares dipping roughly 2 percent post‑announcement .