#TrumpBTCTreasury SEC approval for Trump Media’s $2.3 billion Bitcoin treasury

On June 6, Trump Media & Technology Group (TMTG)—the parent of Truth Social—filed a registration (Form S‑3) to raise approximately $2.3 billion via equity (~56M shares) and convertible notes (~29M shares) to purchase and hold Bitcoin on its balance sheet .

This registration was officially declared effective by the SEC on June 13 . The capital—which includes existing $759 million cash on hand—is intended to build one of the largest corporate Bitcoin treasuries alongside short-term assets .

Simultaneously, TMTG filed for a spot Bitcoin ETF under the Truth Social brand, aimed at allowing investors direct BTC exposure through its stock .