#TrumpBTCTreasury
Here are the latest developments on Trump, Bitcoin, and the U.S. Treasury:
🇺🇸 Trump Media's Bitcoin Treasury Deal Moving Forward
SEC Greenlights $2.3 B Bitcoin Treasury Deal
On June 13, 2025, the SEC declared Trump Media & Technology Group’s S‑3 registration statement effective, clearing the way for its previously disclosed $2.3 billion capital raise—$1.5 B in equity and $1.0 B in convertible notes—from about 50 investors .
Structuring the Raise
This deal lets Trump Media resell ~56 million shares of stock and ~29 million 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 ~$759 million 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 .