#TrumpBTCTreasury Trump Media & Technology Group, the parent company of Truth Social, has received SEC approval for its $2.3 billion Bitcoin treasury deal. The company plans to use the funds to purchase Bitcoin, potentially creating one of the largest Bitcoin holdings for a public company. CEO Devin Nunes stated that this move aims to protect the company against financial discrimination and generate synergies between its fintech brand and streaming platform. Trump Media also filed for a Bitcoin exchange-traded fund (ETF) approval, signaling deeper ambitions in digital assets. The company's stock dipped 2.06% following the announcement ¹ ².

*Key Points:*

- *SEC Approval*: Trump Media's registration statement for the Bitcoin treasury deal was declared effective by the SEC on June 13, 2025.

- *Bitcoin Purchase*: The company raised $2.3 billion to purchase Bitcoin, with approximately 50 investors participating in the deal.

- *Future Plans*: Trump Media has no immediate plans to issue new securities under the universal shelf provision.

- *Bitcoin ETF*: The company filed for a Bitcoin ETF approval, which would allow investors to track the price performance of Bitcoin #TrumpBTCTreasury