#TrumpBTCTreasury

With the approval of the U.S. Securities and Exchange Commission (SEC) for a $2.3 billion Bitcoin deal for Trump Media & Technology Group (TMTG), TMTG, the parent company of Truth Social, has received regulatory approval to raise $2.3 billion through the sale of approximately 56 million common shares and 29 million shares linked to convertible bonds, with participation from around 50 institutional investors. This capital will be used to create a large Bitcoin reserve, making TMTG one of the largest Bitcoin-holding companies among public companies.