#TrumpBTCTreasury

Trump Media & Technology Group, led by CEO Devin Nunes, has received approval from the US Securities and Exchange Commission (SEC) to establish a $2.3 billion Bitcoin treasury. This move allows the company to hold billions of dollars worth of Bitcoin on its balance sheet, alongside cash and cash equivalents, providing shareholders with exposure to BTC.

Key Details:

SEC Approval: The SEC declared effective Trump Media's registration statement for its Bitcoin treasury deal on June 13, 2025.

Investment: The company raised $2.3 billion through debt and equity agreements with around 50 investors, including a $100 million investment from Don Wilson, founder and CEO of DRW Investments.

Purpose: Trump Media aims to "aggressively" expand its offerings and capabilities, including its Bitcoin treasury, to transform into an "indispensable company for the expanding customer base of the Patriot Economy".

Potential Impact: This move positions Trump Media alongside industry giants like MicroStrategy and Tesla in employing Bitcoin as a treasury reserve asset, potentially signaling a new era of corporate crypto adoption.