#TrumpBTCTreasury
Let's break down what's happening with #TrumpBTCTreasury.
*Key Developments*
- *Executive Order*: President Trump signed an executive order on March 6, 2025, establishing a Strategic Bitcoin Reserve, which will hold seized Bitcoin and potentially acquire more through "budget-neutral" methods.
- *Trump Media's Bitcoin Treasury*: Trump Media & Technology Group (TMTG), the company behind Truth Social, raised $2.5 billion to build a Bitcoin treasury and received SEC approval for its registration statement.
- *SEC Approval*: The SEC declared TMTG's S-3 registration statement effective on June 13, allowing the company to raise funds and buy Bitcoin.
- *Bitcoin Holdings*: The US government holds around 200,000 BTC, valued at approximately $20 billion, which will be part of the Strategic Bitcoin