#TrumpBTCTreasury

On June 13, 2025, the SEC approved Trump Media & Technology Group’s S‑3 registration, formalizing its \$2.3 billion bitcoin treasury initiative. Through debt and equity, roughly 50 investors injected capital for acquiring BTC alongside the company’s existing \$759 million in cash and equivalents. CEO Devin Nunes described the strategy as aggressive, aligning BTC reserves with forthcoming products like a Truth Social Bitcoin ETF, fintech services, and streaming content. As Bitcoin treasury firms proliferate, NYDIG highlights that Trump Media trades at a notable discount relative to peers—suggesting market skepticism. Backed by institutional interest and crypto-focused expansion, this move stands as one of the largest corporate BTC treasuries to date.