#TrumpBTCTreasury

Trump's Bitcoin Treasury plan, led by Trump Media and Technology Group (TMTG), has gained approval from the US Securities and Exchange Commission (SEC). Here's what's happening ¹ ²:

- *SEC Approval*: The SEC has given the green light for TMTG's $2.3 billion Bitcoin treasury plan, allowing the company to proceed with one of the largest Bitcoin treasury projects ever undertaken by a publicly traded company.

- *Investment and Funding*: TMTG has raised $2.3 billion from 50 investors through the resale of 56 million shares of equity and 29 million shares of convertible notes. Recently, the company secured a $100 million investment from Chicago-based trading firm DRW Investments to support its $2.5 billion Bitcoin buying plan.

- *Company Plans*: TMTG aims to use Bitcoin as a strategic hedge against inflation and fiat currency devaluation. The company plans to expand its offerings