#TrumpBTCTreasury
Here’s what’s fueling the #TrumpBTCTreasury buzz:
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🧾 What’s Happening
SEC Approval Granted
On June 13, 2025, the U.S. Securities and Exchange Commission (SEC) declared Trump Media & Technology Group’s (TMTG) S‑3 registration effective. This clears the way for TMTG to raise up to $2.3 billion via equity and convertible notes specifically to acquire Bitcoin for its balance sheet .
Capital Raise Details
The company raised about $2.3 billion from approximately 50 investors—split between ~56 million shares of stock and ~29 million shares under convertible notes .
Bitcoin Treasury Strategy
TMTG plans to hold Bitcoin alongside its existing $759 million in cash and short-term investments . Custody partners include Anchorage Digital and Crypto.com, with Don Wilson’s DRW Investments known to back the deal with $100 million .