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#TrumpBTCTreasury The SEC's approval comes just weeks after Trump Media confirmed its capital expansion to buy Bitcoin, after initially denying earlier reports.
Trump Media and Technology Group (TMTG), the company that owns U.S. President Donald Trump's Truth Social platform and in which the president has partial ownership, has received approval from the U.S. Securities and Exchange Commission (SEC) for the registration statement related to its Bitcoin treasury operation worth $2.3 billion.
According to a document filed with the SEC on June 13, the agency "declared effective" TMTG's S-3 registration request, submitted on June 6, for the Bitcoin treasury operation
BTC
€90,929
. The S-3 is a form used by U.S. companies to register the sale of various securities, such as stocks, options, and different types of debt. TMTG submitted the corresponding final prospectus to the SEC on the same day.
Trump Media and Technology Group (TMTG), the company that owns U.S. President Donald Trump's Truth Social platform and in which the president has partial ownership, has received approval from the U.S. Securities and Exchange Commission (SEC) for the registration statement related to its Bitcoin treasury operation worth $2.3 billion.
According to a document filed with the SEC on June 13, the agency "declared effective" TMTG's S-3 registration request, submitted on June 6, for the Bitcoin treasury operation
BTC
€90,929
. The S-3 is a form used by U.S. companies to register the sale of various securities, such as stocks, options, and different types of debt. TMTG submitted the corresponding final prospectus to the SEC on the same day.
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