Trump Media & Technology Group (Nasdaq: DJT), the parent company behind Truth Social, has received regulatory approval from the U.S. Securities and Exchange Commission (SEC).
The approval is for its S-3 registration statement, a pivotal step in executing one of the largest Bitcoin treasury initiatives ever pursued by a publicly traded company.
The approval marks a green light for the company to move forward with its plans involving approximately $2.3 billion in financing through previously disclosed debt and equity agreements with around 50 investors.
The registration also includes provisions for the resale of 56 million shares and 29 million shares underlying convertible notes, allowing Trump Media to access capital while providing flexibility to its financial structure.
Bitcoin Treasury Among Largest in Public Market History
A standout component of the approved registration is Trump Media’s intention to establish a Bitcoin treasury, using a portion of the $2.3 billion capital raised.
The approval would position Trump Media among the largest corporate holders of Bitcoin, rivaling strategies previously employed by firms like MicroStrategy.
Alongside the Bitcoin investment, funds will support general corporate purposes, including platform development and brand expansion.
The filing represents a bold move, blending traditional capital market operations with the digital asset sector, signaling that Trump Media sees Bitcoin not just as a store of value but as a core pillar of its growth strategy.
Shelf Registration Enhances Financial Flexibility
The registration statement also includes a universal shelf registration, giving the company the legal capacity to issue new securities in the future without needing further SEC approval each time.
Although Trump Media currently has no immediate plans to issue additional securities under this provision, it provides significant strategic flexibility.
The mechanism is often used by public companies to prepare for future capital raises, acquisitions, or expansion efforts.
Such a move reflects the company’s ambition to remain agile and responsive to market conditions while aligning with its broader financial and operational goals.
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CEO Devin Nunes Highlights Strategic Expansion Plans
Commenting on the development, Trump Media CEO and President Devin Nunes emphasized the company’s aggressive roadmap for expansion.
He stated that Trump Media is rapidly enhancing its social media platform, scaling its TV streaming service (Truth+), and rolling out its FinTech platform (Truth.Fi), alongside implementing a Bitcoin treasury strategy.
These combined efforts aim to establish Trump Media as a central player in what Nunes calls the “Patriot Economy”, a growing market segment aligned with the brand’s political and cultural identity.
The integration of cryptocurrency into the company’s balance sheet marks a significant diversification in Trump Media’s business model, underscoring its drive to innovate and broaden its financial base.
Broader Strategic Moves Reflect Expanding Crypto and FinTech Focus
In parallel with these developments, Trump Media executives are launching new ventures to deepen the company’s presence in crypto and financial markets.
Three senior leaders have founded Renatus Tactical Acquisition Corp, a blank-check company seeking to raise $179 million via an IPO and private placements.
Additionally, Trump Media is planning to introduce exchange-traded funds that are centered on digital assets as part of its financial entry, this comes in partnership with Crypto.com.
Donald Trump reportedly made around $57 million from his stake in crypto ventures.
These initiatives highlight Trump Media’s aggressive pivot into digital finance, further solidifying its role as a politically driven, tech-enabled financial powerhouse.
Also Read: Eric Trump Voices Strong Support for Bitcoin Adoption; Says “Everybody in the World Wants Bitcoin”