#MetaplanetBTCPurchase

According to ShibDaily, Trump Media & Technology Group (TMTG), the company behind U.S. President Donald Trump's Truth Social, has successfully navigated a significant regulatory milestone with the approval of its $2.3 billion Bitcoin treasury plan by the U.S. Securities and Exchange Commission (SEC). A filing dated June 13 revealed that the SEC has declared effective TMTG’s S-3 registration statement, initially submitted on June 6. This registration encompasses approximately 56 million shares, along with an additional 29 million shares linked to convertible notes. These shares are part of TMTG's broader equity and debt arrangements involving around 50 investors, expected to generate roughly $2.3 billion in proceeds