Trump Media & Technology Group's $2.3 billion Bitcoin Reserve Registration Statement Validated by SEC
2025-06-14 06:07
Odaily News Trump Media & Technology Group (TMTG) announced that its S-3 registration statement related to its $2.3 billion Bitcoin vault transaction was officially declared "effective" by the US SEC on June 13. The transaction included the resale of 56 million shares and 29 million convertible bond-related shares, involving about 50 investors. TMTG said it regards Bitcoin as "the top tool for financial freedom" and plans to hold it as a core asset. Previously, TMTG also submitted a spot Bitcoin ETF application to the SEC on June 5, intending to establish a trust fund with Bitcoin as its main asset. (Cointelegraph)
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