Trump Media's Bitcoin Treasury Deal Approved by SEC
On June 13, 2025, the SEC declared effective Trump Media and Technology Group's registration (Form S‑3) related to its $2.3 billion Bitcoin treasury initiative, enabling resale of ~56 million equity shares and ~29 million convertible-note shares raised from around 50 investors ft.com+15reuters.com+15coinpedia.org+15.
This positions Trump Media to stash Bitcoin on its balance sheet alongside $759 million in existing cash and short-term investments thecryptobasic.com+6reuters.com+6investing.com+6.
There’s no immediate issuance planned under the “universal shelf”—but it grants flexibility for future expansion thecryptobasic.com+3globenewswire.com+3cointelegraph.com+3.
🔹 Strategic Context and Industry Impact
Trump Media joins a wave of publicly traded companies (e.g., MicroStrategy, GameStop) adding crypto to their treasuries wsj.com+15apnews.com+15reuters.com+15.
Trump's broader pro-crypto regulatory agenda includes a March 6 executive order establishing a Strategic Bitcoin Reserve and U.S. digital asset stockpile, funded by seized crypto, intended to position the U.S. as a global crypto leader markets.businessinsider.com+4whitehouse.gov+4en.wikipedia.org+4.
