#TrumpBTCTreasury šŗšø Trump Media Bitcoin Treasury Deal
SEC approval: On June 13, 2025, the SEC declared āeffectiveā Trump Mediaās Sā3 registration for a $2.3āÆbillion capital raiseācomprised of ~56āÆmillion shares and 29āÆmillion convertible notesāfrom about 50 institutional investors to fund a corporate Bitcoin treasury .
Deal structure: Closed on May 29, 2025, it included $1.5āÆbillion in common stock issuance and $1āÆbillion in convertible senior secured notes, backed by institutional investors .
Balance sheet impact: The bitcoin holdings will augment existing cash and short-term investments of $759 million as of Q1 2025 .