Trump Media Secures $2.3 Billion Bitcoin Treasury Approval From SEC

Trump Media and Technology Group (TMTG), the company behind Truth Social and partially owned by former US President Donald Trump, has received approval from the U.S. Securities and Exchange Commission (SEC) for its $2.3 billion Bitcoin treasury registration. This approval marks a significant move into crypto-backed corporate finance for the company.

The SEC declared the company’s S-3 registration statement effective on June 13, 2025. The filing, submitted on June 6, outlines plans to resell approximately 56 million shares and an additional 29 million shares tied to convertible notes. These arrangements were part of debt and equity agreements with around 50 institutional investors, allowing TMTG to raise a total of $2.3 billion. This development follows TMTG’s May 27 announcement, where the firm confirmed its capital raise to buy Bitcoin, shortly after denying early reports.

While the universal shelf registration provides flexibility for future securities issuance, TMTG clarified that it currently has “no immediate plans” to issue any securities under this provision. However, the approval gives Trump Media broader freedom to pursue aggressive expansion. Devin Nunes, CEO and President of Trump Media, emphasized the company’s multi-faceted growth strategy, stating that TMTG is aggressively implementing plans to expand its social media platform, TV streaming platform, and fintech brand while establishing a Bitcoin treasury. The goal is to transform Trump Media into an indispensable company for the expanding customer base of the Patriot Economy.

Trump Media’s recent filings reflect a serious commitment to Bitcoin. The firm has not only added BTC to its corporate balance sheet but also filed to launch a spot Bitcoin Exchange-Traded Fund (ETF) with the SEC on June 5. The filing notes that the assets of the Trust consist primarily of Bitcoin held by a custodian on behalf of the Trust. The Trust seeks to reflect generally the performance of the price of Bitcoin. Devin Nunes had previously described Bitcoin as an “apex instrument of financial freedom,” underlining its strategic role in the company’s evolving identity.

This SEC approval not only strengthens Trump Media’s Bitcoin holdings but also positions the company to be a serious fintech contender. With Truth Social, media streaming, and a BTC ETF in the pipeline, TMTG is building an infrastructure aimed at crypto-friendly audiences, especially within the emerging Patriot Economy. With crypto adoption rising and Bitcoin nearing mainstream finance, Trump Media’s aggressive BTC play adds significant weight to the institutional momentum behind the world’s largest digital asset.