#TrumpBTCTreasury
The hashtag #trumpbtctreasury is related to the announcement that Trump Media and Technology Group (TMTG), Donald Trump's company, had its Bitcoin treasury registration statement declared effective by the SEC (U.S. Securities and Exchange Commission). This allows the company to raise capital to purchase Bitcoin.
*Details of TMTG's Bitcoin Treasury:*
- *Transaction Value*: US$ 2.3 billion
- *Objective*: To purchase Bitcoin as part of its expansion strategy
- *SEC Approval*: The registration statement was declared effective on June 13, 2025¹
*Other information about TMTG and cryptocurrencies:*
- *Bitcoin ETF Launch*: TMTG has also filed a request to launch a Bitcoin exchange-traded fund (ETF)
- *President Donald Trump and cryptocurrencies*: Trump has been an advocate for cryptocurrencies and announced plans to create a strategic Bitcoin reserve in the U.S.
- *World Liberty Financial*: Trump is also involved in a cryptocurrency project called World Liberty Financial, which has raised over US$ 550 million from investors² ³