#TrumpBTCTreasury Trump Media & Technology Group (TMTG), the company that owns the "Truth Social" platform for former U.S. President Donald Trump and partially owned by him, has received approval from the U.S. Securities and Exchange Commission (SEC) for its registration statement related to a $2.3 billion Bitcoin (BTC) deal.

According to a filing submitted to the SEC on June 13, the agency announced the "effectiveness" of TMTG's S-3 registration statement, submitted on June 6, for the Bitcoin (BTC) treasury deal. S-3 is a form used by the United States.