$BTC Trump’s media firm, Trump Media & Technology Group (TMTG), has launched a major bitcoin‑treasury initiative. In May it secured roughly $2.3 billion through equity and convertible‑note sales to some 50 institutional investors to buy bitcoin and hold it alongside $759 million in cash and equivalents

. The SEC declared the registration effective on June 13, officially allowing the acquisition

. According to TMTG, crypto custodians Crypto.com and Anchorage Digital will safeguard the holdings

bitbo.io.

The move positions TMTG among the largest public‑company bitcoin treasuries and is part of Trump’s broader push to integrate crypto into national strategy

reuters.com