- Trump Media received SEC approval to resell shares worth $2.3B tied to Bitcoin plans.
- The filing covers equity shares and convertible notes involving nearly fifty investors.
- Though the firm gained flexibility for more deals, it confirmed no new share issue is planned yet.
The U.S. Securities and Exchange Commission (SEC) declared effective the S-3 registration statement filed by Trump Media and Technology Group (TMTG) on Friday, covering equity and debt agreements. With the registration, the resale of 56 million equity shares and 29 million shares tied to convertible notes can be processed. The deal involves nearly 50 investors and marks one of the largest Bitcoin treasury transactions by a public firm. Also, TMTG submitted a final prospectus to the SEC on the same day, confirming the structure of its treasury strategy.
Registration Statement Covers $2.3 Billion Investment
TMTG disclosed that the registration fulfills commitments from earlier equity and debt agreements with multiple institutional investors. The total deal value reached approximately $2.3 billion, placing it among the largest crypto treasury allocations in public markets. These financial instruments form the basis of the company’s broader digital expansion strategy, including fintech and social platforms.
Besides registering existing securities, the filing includes a universal shelf for potential future offerings, though none are currently planned. This shelf provides flexibility for future capital activities if strategic needs arise, without requiring new registration paperwork. Despite this provision, TMTG emphasized it has no immediate plans to issue any additional securities under the current registration.
Devin Nunes, TMTG’s CEO, outlined the company’s broader goals during the announcement of this financial milestone. He stated that the firm aims to expand across media, fintech, and now digital assets, especially Bitcoin. According to Nunes, these expansions support the long-term vision of making Trump Media central to the Patriot Economy.
Stock Dips After Approval From SEC
Following the SEC announcement, Trump Media stock fell 2.06% to close at $19.52, based on Google Finance data. Intraday trading fluctuated between $19.08 and $20.36, reflecting moderate market activity during the session. In after-hours trading, the stock gained 0.10%, moving slightly to $19.54 as traders assessed the news.
The company’s market capitalization now stands at $5.40 billion, with an average trading volume of 7.59 million shares. While long-term investors may view the Bitcoin move as strategic, near-term sentiment appeared cautious. Consequently, the stock’s movement reflects investor uncertainty about Bitcoin exposure and digital asset volatility.
Related: Trump Media Plans Token and Wallet Launch for Truth+ Platform
Could Bitcoin Treasury Reshape Corporate Investing?
As TMTG moves forward, the firm joins a growing number of public companies adopting Bitcoin for treasury diversification. Besides Strategy, other firms are also experimenting with digital assets as protection against economic and market instability. Is there any possibility that Bitcoin could soon become a mainstream corporate reserve asset across traditional sectors?
