On June 13, $BTC 13, Trump Media and Technology Group announced that the U.S. Securities and Exchange Commission (SEC) approved their registration statement related to the bitcoin treasury deal.
The Trump Group received official approval from the U.S. Securities and Exchange Commission for its $2.3 billion deal with Bitcoin.
At the same time, the company filed a final prospectus outlining the terms for the resale of securities related to the transaction.
This development supports the company's broader expansion strategy, which includes raising significant capital through what it describes as one of the largest bitcoin treasury initiatives undertaken by a public company.
TMTG views bitcoin as a key instrument of financial freedom, and now Trump Media will hold cryptocurrency as a key part of its assets.