SEC Clears Path for Trump Media to Build Bitcoin Treasury

The U.S. Securities and Exchange Commission (SEC) has granted approval to Trump Media and Technology Group’s Form S-3 registration statement, paving the way for a $2.3 billion funding plan focused on building a Bitcoin treasury. This move enables the company to sell approximately 56 million shares and 29 million convertible notes, totaling around $2.3 billion. The SEC clearance comes alongside growing acceptance of cryptocurrencies within US regulatory frameworks.