#TrumpBTCTreasury
June 13 (Reuters) - Trump Media and Technology Group (DJT.O) announced on Friday that the U.S. Securities and Exchange Commission has declared the registration of its treasury deal involving Bitcoin effective.
The company stated that it has raised approximately $2.3 billion through a combination of debt and equity agreements with around 50 investors.
In May, the company stated that Bitcoin will be held on Trump Media's balance sheet along with existing cash and short-term investments totaling $759 million as of the end of the first quarter.