#TrumpBTCTreasury
Trump Media & Technology Group (TMTG), the owner of the Truth Social platform, announced that it has raised approximately $2.3–2.5 billion through the issuance of convertible equity and debt, with the aim of creating a private Bitcoin treasury, following approval from the U.S. Securities and Exchange Commission (SEC) for registration on June 13, 2025.
The company's digital treasury is estimated to become one of the largest among publicly traded companies, and its officials view Bitcoin as a tool to support expansion plans in the media and finance sectors.