Trump Media & Technology Group (TMTG) has received official approval from the U.S. Securities and Exchange Commission (SEC) for its massive $2.3 billion Bitcoin treasury plan. The green light came through a June 13 SEC filing, which confirmed the effectiveness of TMTG’s S-3 registration statement — a major step forward in the company’s ambitious push into cryptocurrency.
Bitcoin Takes Center Stage in Trump Media’s Growth Plan
With SEC approval in place, TMTG can now move forward with its strategy to make Bitcoin a central asset on its balance sheet. The company has registered the resale of nearly 85 million shares through debt and equity agreements involving about 50 investors. While this provides greater financial flexibility, TMTG noted that it has no immediate plans to issue new securities.
CEO Devin Nunes highlighted that Trump Media is rapidly expanding across three major areas: social media, streaming television, and fintech services. He added that Bitcoin will serve as a foundational asset in the company’s long-term strategy, calling it “a symbol of financial freedom” and “the cornerstone of the Patriot Economy.”
$2.5 Billion Raised and a Bitcoin ETF in the Works
This development follows TMTG’s recent $2.5 billion capital raise aimed specifically at acquiring Bitcoin. In addition, the company has filed to launch its own Bitcoin Exchange-Traded Fund (ETF) — signaling an even deeper move into the digital asset space.
With Bitcoin becoming an increasingly important part of its financial ecosystem, Trump Media is positioning itself not just as a tech and media platform but also as a crypto-forward enterprise. The SEC approval and upcoming ETF filing reflect a broader vision of integrating blockchain-based assets into mainstream business operations.
As this strategy unfolds, industry watchers are closely monitoring how Trump Media’s bold bet on Bitcoin will influence its growth, valuation, and standing within both the tech and financial sectors.