🏛️ Trump Media’s $2.3 bn Bitcoin Treasury Deal 🔥🚀 🤝
Trump Media & Technology Group (TMTG), the company behind Truth Social co-owned by Trump’s family, raised $2.3 billion through equity and convertible notes to establish a bitcoin treasury on its corporate balance sheet.
On June 13, the SEC declared its S‑3 registration effective, allowing the resale of ~56 million shares and ~29 million convertible-note shares .
This positioning puts TMTG among major public companies (like MicroStrategy, GameStop) holding Bitcoin as a strategic asset .
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