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Trump Media & Technology Group receives SEC approval to complete a $2.3 billion Bitcoin treasury transaction.
According to Gate News bot, the S-3 form registration statement of Trump Media & Technology Group (DJT) was approved by the SEC and became effective on June 13, 2025.
The company has signed a debt and equity financing agreement totaling $2.3 billion with approximately 50 investors, establishing one of the largest Bitcoin treasury transactions by a publicly listed company. Following the approval of the registration, the relevant investors are permitted to resell about 56 million shares of common stock and 29 million shares corresponding to convertible bonds.
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