SEC approves Trump Media's filing, paving the way for the purchase of billions of dollars worth of Bitcoin

The SEC has declared the registration for Trump Media's Bitcoin bond issuance effective, allowing the company to buy BTC using the $2.3 billion in capital it recently raised.

The filing includes a general limit of $12 billion, allowing Trump Media to issue additional shares, bonds, or warrants at any time.

The company's capital of approximately $2.3 billion was raised from around 50 institutional investors and is now unlocked and can be used to purchase BTC at any time.