#TrumpBTCTreasury
Based on the search results, here's a comprehensive analysis of Trump Media's Bitcoin treasury strategy:
### ⚖️ 1. **SEC Approval & Registration**
- On June 13, 2025, the SEC declared Trump Media's S-3 registration effective, approving its $2.3 billion Bitcoin treasury deal. This allows the company to proceed with selling securities tied to Bitcoin holdings .
- The registration covers 56 million shares and 29 million convertible notes linked to debt-equity agreements with ~50 investors .
### 💰 2. **Funding Structure & Treasury Scale**
- Trump Media raised **$2.5 billion** through a private placement:
- **$1.5 billion** from common stock sales (at market price).
- **$1.0 billion** from convertible notes (priced at a 35% premium) .
- Bitcoin will be added to the company’s balance sheet alongside existing cash/short-term investments of **$759 million** (as of Q1 2025), boosting liquid assets to **~$3.3 billion** .
*Financial Breakdown of Trump Media's Bitcoin Treasury Deal*:
| **Component** | **Amount** | **Details** |
|-----------------------------|-----------------|-----------------------------------------------------------------------------|
| **Total Funds Raised** | $2.5 billion | Private placement from ~50 institutional investors |
| **Common Stock Issuance** | $1.5 billion | Sold at last market price |
| **Convertible Notes** | $1.0 billion | Priced at 35% premium to market |
| **Existing Liquid Assets** | $759 million | Cash and short-term investments (as of Q1 2025) |
| **Post-Deal Liquid Assets** | ~$3.3 billion | Combined new funding and existing assets |
| **Custodians** | Crypto.com, Anchorage Digital | Securing Bitcoin holdings |
### 🎯 3. **Strategic Motivations**
