Trump Media Secures $2.3 Billion Funding, Plans Bitcoin Treasury

Trump Media & Technology Group Corp., parent company of Truth Social, has secured a major financial boost with the SEC approval of a $2.3 billion private placement. The filing, which marks significant progress in the company’s growth strategy, opens doors for various uses including potential expansion and development initiatives. The company intends to build a Bitcoin treasury using some of this capital injection. 50 accredited investors participated in the recent agreements. The SEC’s approval paves the way for further investment through the S-3 filing, allowing for quicker future stock sales.