The U.S. Securities and Alternate Fee (SEC) has permitted Trump Media and Know-how Group’s (TMTG) registration assertion linked to a $2.3 billion Bitcoin treasury initiative.
Key Takeaways:
- The SEC permitted Trump Media’s $2.3B Bitcoin-linked registration, masking 85 million shares.
- TMTG says it has no instant plans to problem new securities regardless of gaining shelf flexibility.
- CEO Devin Nunes says the agency goals to develop its media, fintech, and Bitcoin holdings in parallel.
The choice, revealed in a June 13 submitting, marks a significant regulatory step for the corporate behind Fact Social, the platform based by President Donald Trump and partially owned by him.
In keeping with the submitting, the SEC declared efficient TMTG’s S-3 registration assertion, initially submitted on June 6.
Trump Media Registers 85M Shares Linked to $2.3B Bitcoin Deal: SEC
The doc outlines the registration of roughly 56 million shares and an extra 29 million shares tied to convertible notes, forming a part of the agency’s broader fairness and debt agreements with roughly 50 traders.
The whole proceeds from these preparations quantity to $2.3 billion.
Though the registration features a common shelf to permit TMTG higher capital-raising flexibility, the corporate mentioned it has “no instant plans” to problem new securities below the availability.
The transfer seems extra strategic than pressing, aligning with TMTG’s acknowledged ambition to evolve past its media roots.
TMTG President and CEO Devin Nunes mentioned the corporate is now pushing ahead on a number of fronts.
“We’re aggressively implementing our plans to broaden the Firm, our choices, and our capabilities,” Nunes mentioned.
“By concurrently enhancing and rising our social media platform, TV streaming platform, and our fintech model whereas establishing a Bitcoin treasury, we intention to proceed quickly reworking Trump Media into an indispensable firm for the increasing buyer base of the Patriot Financial system.”
SEC APPROVES TRUMP MEDIA’S BITCOIN TREASURY DEAL pic.twitter.com/bybvEZ5TjS
— Kyle Chassé / DD
(@kyle_chasse) June 13, 2025
Regardless of the regulatory win, TMTG shares dropped 2.06% on the day of the announcement, closing at $19.52.
TMTG Confirms $2.5B Capital Increase to Purchase Bitcoin
The SEC’s inexperienced mild comes simply weeks after TMTG confirmed a $2.5 billion capital elevate to build up Bitcoin, following earlier denials.
In that Could 27 announcement, Nunes characterised Bitcoin as “an apex instrument of economic freedom,” asserting that it could turn into a core a part of the corporate’s asset base.
On Could 28, Arkham Intelligence posted on X, “Donald Trump’s firm, Trump Media, will purchase $2.5 BILLION of Bitcoin. Is Trump about to go Saylor Mode?” — referencing MicroStrategy’s govt chairman and his aggressive Bitcoin technique.
TMTG isn’t stopping there. On June 5, the corporate filed for approval to launch its personal Bitcoin exchange-traded fund (ETF), signaling even deeper ambitions in digital property.
In keeping with the submitting, the ETF would maintain Bitcoin in custody and intention to reflect its market efficiency.
Trump has publicly supported the growth of crypto entry and has pledged to make the USA a number one heart for digital property.
Earlier this month, he hosted a personal dinner for traders in his private meme coin mission at his golf membership.
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