June 3, #TrumpBTCTreasury 13 (Reuters) - Trump Media and Technology Group (DJT.O) announced on Friday that the U.S. Securities and Exchange Commission has declared the registration of its treasury bitcoin deal effective.

The company stated that it raised approximately $2.3 billion through a combination of debt and equity agreements involving around 50 investors.

In May, the company stated that bitcoin will be held on Trump Media's balance sheet along with existing cash and short-term investments totaling $759 million as of the end of the first quarter.