US SEC Clears Trump Media’s Bitcoin Treasury Registration, Setting a Precedent

Trump Media has received official approval from the US Securities and Exchange Commission (SEC) to establish its Bitcoin treasury. This landmark decision marks a significant step forward for the firm’s ambitious plans, as it allows them to utilize a substantial $2.3 billion fund for various initiatives. Trump Media successfully raised funds through equity and debt agreements with over 50 investors, who collectively contributed these funds to their Bitcoin treasury.