SEC deems Trump Media's $2.3 billion Bitcoin treasury deal effective, stock price fell 2.06%.

From Cointelegraph

June 14, 2025 12:04 AM:

Trump Media and Technology Group (TMTG) receives SEC approval for $2.3 billion Bitcoin treasury deal. TMTG registered the resale of 56 million shares and 29 million tied to convertible notes. CEO Devin Nunes states company is aggressively expanding. Stock price fell 2.06% on June 13, closing at $19.52. TMTG filed to launch a Bitcoin ETF on June 5.

Read more at Cointelegraph: Trump Media’s Bitcoin Treasury Deal Deemed ‘Effective’ By SEC