Trump Media and Technology Group (TMTG) — the company behind Truth Social and partially owned by US President Donald Trump — has officially received approval from the U.S. Securities and Exchange Commission (SEC) for its $2.3 billion Bitcoin treasury registration, signaling a bold move into crypto-backed corporate finance.
SEC Declares Registration ‘Effective’
According to an SEC filing dated June 13, 2025, the commission “declared effective” the company’s S-3 registration statement, which had been submitted on June 6. The filing includes plans to resell approximately 56 million shares and an additional 29 million shares tied to convertible notes, as part of debt and equity agreements with around 50 institutional investors. These arrangements allowed 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.
TMTG Doubles Down on Bitcoin and Fintech
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:
“We’re aggressively implementing our plans to expand the Company, our offerings, and our capabilities. By simultaneously enhancing and growing our social media platform, TV streaming platform, and our fintech brand while establishing a Bitcoin treasury, we aim to continue rapidly transforming Trump Media into an indispensable company for the expanding customer base of the Patriot Economy.”
Despite the news, TMTG’s stock (DJT) dropped 2.06%, closing at $19.52 on June 13, according to Google Finance data.
Bitcoin as a Treasury Asset and Future ETF Plans
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:
“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.
Crypto analytics firm Arkham Intelligence stirred buzz with a May 28 post on X (formerly Twitter), stating:
“Donald Trump’s company, Trump Media, will buy $2.5 BILLION of Bitcoin. Is Trump about to go Saylor Mode?”
Conclusion: A Political and Financial Power Play
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.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.
