#TrumpBTCTreasury The U.S. Securities and Exchange Commission (SEC) has approved a $2.3 billion Bitcoin treasury deal for Trump Media & Technology Group (TMTG), the parent company of Truth Social. This allows TMTG to raise funds to purchase Bitcoin, establishing one of the largest Bitcoin treasuries among public companies. Additionally, TMTG has filed to launch a Truth Social Bitcoin Exchange-Traded Fund (ETF), which, if approved, would enable investors to gain direct exposure to Bitcoin’s price movements through the ETF, traded on the NYSE Arca. This move aligns with TMTG’s broader push into cryptocurrency, and reflects a strategic shift toward integrating digital assets into its financial operations.
