Trump Media Files SEC Registration for $2.3B Bitcoin Deal

The post Trump Media Files SEC Registration for $2.3B Bitcoin Deal appeared first on Coinpedia Fintech News

Trump Media and Technology Group has filed an S-3 registration statement with the SEC to move forward with its previously announced $2.3 billion Bitcoin treasury deal. This capital was raised through recent debt and equity agreements with about fifty investors, marking one of the largest Bitcoin treasury acquisitions by a public company. The funds will be used to build the company’s Bitcoin reserves and support general corporate purposes, reinforcing its commitment to expanding its presence in the cryptocurrency space.