SEC Grants Approval for Trump Media's $2.3 Billion Stock Transaction Tied to Bitcoin
In a significant development, Trump Media & Technology Group (TMTG) has revealed its strategy to accumulate Bitcoin and Bitcoin-related securities, marking a major move in the digital economy. The company, behind President Donald Trump's Truth Social platform, aims to amass approximately $2 billion in these assets, representing about two-thirds of its total liquid assets as of July 2025.
The bitcoin treasury strategy was publicly announced earlier in 2025 and is actively being implemented. Financial reports for Q2 2025 show TMTG's total financial assets surged to $3.1 billion, fueled notably by its crypto holdings.
TMTG has allocated around $300 million for an options acquisition strategy focused on Bitcoin-related securities. This strategy allows for flexibility and potential market advantage in Bitcoin exposure. The company may convert these options into spot Bitcoin depending on market conditions.
CEO Devin Nunes emphasized that these holdings ensure the company's financial independence and complement plans for crypto-related products, including a utility token linked to the Truth Social platform. The utility token is intended to create synergies with these Bitcoin holdings.
Following the $2 billion Bitcoin purchase announcement, TMTG's stock price responded positively, increasing by up to 7.2%. This move follows a trend seen in other companies that maintain significant Bitcoin treasuries as part of their financial reserves.
However, it's important to note that the report about TMTG's funding plan has not been verified by the SEC or any other regulatory body. The U.S. Securities and Exchange Commission (SEC) has approved TMTG's $2.3 billion Bitcoin treasury plan, as confirmed in a filing dated June 13.
The combined equity and debt deals involve around 50 investors and are expected to generate approximately $2.3 billion in proceeds for TMTG. TMTG has not confirmed or denied the specifics of the reported funding plan.
TMTG has stated it has "no immediate plans" to issue new securities, but this move is seen as a long-term strategic play to expand beyond its current media operations. In a rebuttal, TMTG called into question the reliability of the journalists and the sources used in the report, accusing them of echoing misinformation.
The SEC's approval of TMTG's Bitcoin treasury plan is a major regulatory hurdle for the company. The next moves of TMTG will likely be under close scrutiny due to the ongoing speculation about its evolving financial strategy and broader ambitions in the digital economy.
[1] Trump Media & Technology Group Announces Bitcoin Treasury Strategy
[2] TMTG's Bitcoin Treasury Strategy Fueling Financial Assets
[3] TMTG's Bitcoin Holdings Surge Financial Assets
[4] TMTG's Bitcoin Strategy: A Look at the Details
[5] TMTG's Bitcoin Strategy: Implications and Future Prospects
[1] The Bitcoin Treasury strategy, announced by Trump Media & Technology Group (TMTG) earlier in 2025, is proving to be a game-changer in their financial landscape, as their cryptocurrency holdings contribute significantly to their surging financial assets.
[2] To complement its business operations, TMTG has allocated a portion of its funds towards acquiring Bitcoin-related securities, thereby adopting a tech-oriented financial approach that incorporates both finance and technology.
