Trump Media Secures SEC Approval for $2.3 Billion Bitcoin Treasury Plan

Trump Media has received approval from the SEC to raise approximately $2.3 billion in capital, paving the way for a major Bitcoin acquisition. The company plans to use these funds to expand its operations, including acquiring significant amounts of Bitcoin through its FinTech arm, Truth.Fi. This regulatory clearance is a significant step forward for Trump Media’s digital asset ambitions and highlights the growing trend of corporations incorporating Bitcoin into their financial strategies.