#TrumpBTCTreasury
SEC Approves Trump Media's Filing, Clearing the Way for Potential $2.3 Billion Bitcoin Acquisition
The SEC has approved Trump Media's registration statement for a proposed Bitcoin bond issuance, effectively unlocking $2.3 billion in capital raised from about 50 institutional investors.
This filing also establishes a $12 billion joint fund, allowing Trump Media the flexibility to issue additional shares, debt, or warrants as needed.
With regulatory approval secured, the company can now proceed with plans to allocate part — or possibly all — of the $2.3 billion for the purchase of Bitcoin.