From Yahoo Finance: 2025-06-06 16:45:00

Trump Media & Technology Group Corp. (DJT) filed a registration statement with the SEC for its $2.5 billion Bitcoin treasury strategy, marking a significant move into financial services. The company aims to access capital markets for expansion. Trump Media secured $1.5 billion in common stock and $1 billion in convertible notes through subscription agreements. The funds will be used to create a Bitcoin treasury and for general corporate purposes. The registration statement seeks to register up to 84.6 million shares of common stock for resale. CEO Devin Nunes aims to attract more users to the patriot economy with these activities.



Read more at Yahoo Finance: Trump Media Files Bitcoin Treasury Registration