The SEC "declares effective" the registration of Bitcoin treasury of Trump Media

The SEC's approval comes just a few weeks after Trump Media confirmed its capital increase to buy Bitcoin, after initially denying earlier reports.

Trump Media and Technology Group (TMTG), the company that owns the president of the United States, Donald Trump's Truth Social platform, and in which the president has partial ownership, has received approval from the U.S. Securities and Exchange Commission (SEC) for the registration statement related to its Bitcoin treasury operation valued at $2.3 billion#TrumpBTCTreasury