#TrumpBTCTreasury Trump Media and Technology Group (TMTG) – related to the so-called "Trump BTC Treasury":

1. Approval by the SEC

On June 13, 2025, the Securities and Exchange Commission (SEC) declared effective the S-3 registration statement filed by TMTG for its ambitious bitcoin treasury plan worth $2.3 billion (equivalent to about USD 2.3 B).

This allows TMTG to issue approximately 56 million common shares and 29 million convertible notes, with capital already raised as recently as May 30.

According to the report in AInvest (Coin World), this is "one of the largest bitcoin treasury deals for a public company."

2. Use of funds and strategy

The funds raised will be used to create a bitcoin treasury on TMTG's balance sheet, alongside about $759 million already existing in cash and equivalents (at the end of the first quarter).

CEO Devin Nunes indicated that the goal is to position TMTG as a key player within the so-called "Patriot Economy," integrating bitcoin into its streaming platform, social media, and fintech.

Custody of the cryptocurrencies is handled by Crypto.com and Anchorage Digital.

3. Background and financing

The operation began on May 27, 2025, when it was announced that TMTG was raising $2.5 billion issued through $1.5 billion in equity and $1 billion in convertible debt, specifically to purchase bitcoin.

This is a trend already popular among companies like MicroStrategy (MSTR), GameStop, among others.

4. Ethical conflicts and personal gains

Recent financial disclosures reveal that Trump obtained $57.4 million from the crypto venture World Liberty Financial, where he owns 15.75 billion governance tokens.

He also promotes a memecoin $TRUMP and sought to launch a Bitcoin ETF spot called Truth Social Bitcoin ETF on June 5, custodied by Crypto.com.

These activities, combined with Trump’s public and familial roles (his children involved), have raised concerns about conflicts of interest.