#TrumpBTCTreasury Trump Media’s Bitcoin Treasury Deal Turns Real as SEC Declares Filing Effective
Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) announced June 13 that the U.S. Securities and Exchange Commission (SEC) has declared effective its registration statement related to a bitcoin treasury deal. This development supports the company’s broader expansion strategy, which includes raising significant capital through what it describes as one of the largest bitcoin treasury initiatives undertaken by a public company. Simultaneously, the company filed a final prospectus outlining terms for the resale of securities connected to the transaction.
“In accordance with the company’s obligations arising from the previously-disclosed debt and equity agreements with approximately fifty investors that yielded approximately $2.3 billion in total proceeds—one of the largest bitcoin treasury deals for a public company,” Trump Media explained, adding:
These instruments represent the underlying financial framework through which Trump Media aims to support its broader ambitions in digital media and financial technology. Additionally, the registration includes a universal shelf, offering the company enhanced optionality for future capital raises, although there are no immediate plans to issue further securities under this provision. #BinanceSquareTalks