Larry F

#TrumpBTCTreasury How Trump Media’s $2.3B Bitcoin Bet Just Got SEC Approval** The U.S. Securities and Exchange Commission (SEC) has officially greenlit Trump Media & Technology Group’s (TMTG) $2.3 billion Bitcoin treasury plan, marking a major milestone in the company’s aggressive crypto strategy. Here’s what you need to know: 1. SEC Declares Registration Effective** On June 13, the SEC declared TMTG’s S-3 registration statement effective, clearing the way for the resale of **56 million shares** and **29 million shares tied to convertible notes** from its $2.3 billion capital raise. The funds will be used to establish a Bitcoin treasury, positioning TMTG alongside companies like MicroStrategy in corporate BTC adoption . *2. A Bold Move for the "Patriot Economy"** CEO Devin Nunes framed the Bitcoin treasury as part of TMTG’s expansion into social media (Truth Social), streaming (Truth+), and fintech (Truth.Fi). He called Bitcoin an **"apex instrument of financial freedom"** and emphasized the company’s goal to dominate the "Patriot Economy" .