#TrumpBTCTreasury
Here are the latest developments on Trump, Bitcoin, and the U.S. Treasury:
šŗšø Trump Media's Bitcoin Treasury Deal Moving Forward
SEC Greenlights $2.3āÆB Bitcoin Treasury Deal
On JuneāÆ13, 2025, the SEC declared Trump Media & Technology Groupās Sā3 registration statement effective, clearing the way for its previously disclosed $2.3āÆbillion capital raiseā$1.5āÆB in equity and $1.0āÆB in convertible notesāfrom about 50 investors .
Structuring the Raise
This deal lets Trump Media resell ~56āÆmillion shares of stock and ~29āÆmillion convertible-note-backed shares. While the registration creates a universal shelf, the company states it's not planning any immediate securities issuance .
Strategic Intent
The proceeds are earmarked for a corporate Bitcoin treasury, placing BTC alongside its ~$759āÆmillion in cash and short-term investments as of Q1 . CEO Devin Nunes described the move as part of an "aggressive" expansion into media, fintech, and crypto aimed at the so-called Patriot Economy .
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š President Trumpās āStrategic Bitcoin Reserveā
March Executive Order: Bitcoin as Official Reserve Asset
In a move back on MarchāÆ6, 2025, President Trump signed an executive order establishing a Strategic Bitcoin Reserve and a broader Digital Asset Stockpile using cryptocurrency seized by U.S. agencies through forfeiture .
Reserve Details:
The Bitcoin portion will remain heldānot soldāand may be supplemented via taxpayer-neutral means. The government reportedly already holds around 200,000 BTC (valued at ~$17ā20āÆB) from forfeitures .
Governance & Oversight:
Responsibility lies with Treasury, Commerce, and a crypto working group chaired by a so-called ācrypto czar.ā Federal agencies were tasked with inventorying their digital assetsāand delivering recommendations by July 2025 .
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