Trump Media & Technology Group (TMTG), the parent company of Truth Social, has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) following a significant $2.3 billion capital raise.
The filing signals the company’s intention to use these funds to develop one of the largest corporate Bitcoin treasuries to date.
According to the registration, TMTG aims to allocate a substantial portion of the proceeds toward Bitcoin acquisitions, technology development, and general corporate purposes.
The move aligns with a growing trend among tech and media firms exploring Bitcoin as a strategic asset and inflation hedge.
TMTG raised funds through stock and warrants, allowing flexible capital deployment
The company’s filing indicates that the capital was raised through the issuance of common stock and warrants, offering flexibility in deploying funds.
TMTG’s decision to embrace Bitcoin at this scale marks a significant shift in its financial strategy, placing it among firms like MicroStrategy that have made bold cryptocurrency investments.
This announcement comes amid renewed market interest in Bitcoin following favorable regulatory developments under the Trump administration, including a lighter stance on digital assets.
If executed as planned, TMTG’s Bitcoin treasury could become a central part of its brand identity, linking its political and technological ambitions with the decentralized finance movement.
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TMTG Registers Shares Tied to Debt, Equity Deals in Major SEC Filing
Trump Media & Technology Group (TMTG) disclosed in a June 5 press release that it had filed a Form S-3 registration tied to recent debt and equity agreements with approximately 50 institutional investors.
The fundraising effort includes the sale of 55.8 million common shares at $25.72 each and the issuance of $1 billion in zero-coupon convertible notes maturing in 2028, which can be converted into stock at $34.72 per share.
In total, the company raised around $2.32 billion through this effort.
According to the SEC filing, a significant portion of the capital will be allocated to the acquisition of Bitcoin, with Crypto.com and Anchorage Digital appointed as custodians for the company’s digital assets.
This strategic move underscores TMTG’s ambition to build one of the largest Bitcoin treasuries among U.S.-listed companies. The funds will also support broader corporate activities.
The registration statement covers nearly 56 million shares and an additional 29 million shares linked to convertible notes for resale by existing investors.
It also includes a universal shelf provision, giving TMTG flexibility to raise additional capital in the future. This initiative positions TMTG as an aggressive new entrant in corporate crypto adoption, closely tying its financial strategy to Bitcoin’s long-term growth.
Also Read: Trump Media Executives Launch New Crypto-Focused Investment Firm, Plans A Fund Raise Of $179 Million