Trump Media Technology Group's Bitcoin Treasury Agreement registration statement has been approved by the US SEC to take effect
Internet reports that Trump Media and Technology Group Corp., currently listed on Nasdaq and NYSE Texas, Announced that the previously filed Form S-3 registration statement has been approved by the US Securities and Exchange Commission to take effect on June 13, 2025. Trump Media Technology Group, the operator of social media platform Truth Social, streaming media platform Truth+ and fintech brand Truth.Fi, announced last month that it had raised approximately US$2.5 billion from institutional investors to support the largest Bitcoin reserve allocation of a listed company. The company's CEO stated that it registered investors to resell approximately 56 million shares of stocks and 29 million convertible notes to support its establishment of a Bitcoin treasury.
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