#TrumpBTCTreasury
The US Securities and Exchange Commission (SEC) has given the green light to Trump Media & Technology Group's plan to build a $2.3 billion Bitcoin treasury, marking a historic move for public companies in the US. This approval allows Trump Media to:
〽 Raise Capital: Over $2.3 billion raised from 50 investors through resale of 56 million shares of equity and 29 million shares of convertible notes.
〽 Invest in Bitcoin: Direct investment in BTC, using it as a strategic reserve asset.
〽 Increase Institutional Legitimacy: Potential to attract interest from other public firms, impacting global demand and financial narratives.
This move positions Trump Media alongside major Bitcoin holders like Tesla and MicroStrategy, strengthening its capital strategy with long-term crypto exposure.
