Trump Media and Technology Group (TMTG), the company behind US President Donald Trump's Truth Social platform, has received approval from the US Securities and Exchange Commission (SEC) for its $2.3 billion Bitcoin treasury deal. The company plans to use the funds to establish one of the largest Bitcoin treasuries held by a public company. TMTG's CEO, Devin Nunes, stated that the firm is "aggressively" expanding its offerings and capabilities, including its Bitcoin treasury. This move reflects a growing trend of corporate Bitcoin adoption, with potential implications for the cryptocurrency market.¹
