SEC greenlights Trump Media’s $2.3B Bitcoin Treasury deal

The SEC "declared effective" Trump Media's resale of around 56 million equity shares and 29 million convertible notes to fund BTC Treasury

The U.S. Securities and Exchange Commission (SEC) greenlighted the registration statement filed by Trump Media and Technology Group for its $2.3 billion Bitcoin (BTC) Treasury deal on June 13, an SEC filing shows. Trump Media, the company behind Truth Social, is a public company that U.S. President Donald Trump’s family significantly controls.#TrumpBTCTreasury