#TrumpBTCTreasury Trump Media and Technology Group (TMTG), the parent company of Truth Social and partly owned by former U.S. President Donald Trump, has received approval from the U.S. Securities and Exchange Commission (SEC) for its registration statement. This approval is related to a major \$2.3 billion Bitcoin treasury deal, marking a significant step in TMTG's financial strategy. The deal signals the company’s increasing involvement in cryptocurrency as it aims to diversify assets and strengthen its market presence. This SEC approval could pave the way for broader adoption of crypto holdings within politically aligned media ventures and influence similar corporate strategies.
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