Trump Media, Registration Of 12 Billion Dollar Securities With SEC…Bitcoin Strategy Intensification

The 뉴스 · 25/06/08 23:58:35 · mu/뉴스

Continuously expanding Trump family's cryptocurrency business (Source: CryptoSlate)

Trump Media & Technology Group (TMTG, NASDAQ DJT) has submitted a registration statement (Form S-3) to the US Securities and Exchange Commission (SEC) for issuing securities of up to $12 billion. The company stated that this registration is a measure to secure strategic flexibility for future mergers and acquisitions (M&A) and fundraising.

According to the submitted document, TMTG adopted a universal shelf registration method to allow the issuance of various securities such as common stock, preferred stock, debt certificates, warrants, rights, and units. The prospectus specifies, “The total issue price of all securities shall not exceed $12 billion.”

This move is connected to a bitcoin-centric asset strategy, beyond simple capital acquisition. Trump Media has already secured $2.3 billion through stock and bond contracts with over 50 investors, and plans to use some of this capital for bitcoin acquisition and general operations. Newly registered securities include a registration for the resale of approximately 84.7 million shares of common stock.

The company stated, “Considering the current market situation, we will raise additional funds and strategically secure bitcoin and related assets,” clearly expressing their intent to make cryptocurrency a key part of their long-term strategy. CEO Devin Nunes emphasized, “This registration will provide the flexibility and independence necessary for accelerating the growth of Trump Media,” affirming that the capital and security base are already in place.

With this move, Trump Media is expected to formalize their strategy on cryptocurrency, following companies like MicroStrategy and MetaPlanet which make bitcoin their central financial asset. It is also reported that they are seeking SEC approval to launch a bitcoin ETF on the Truth Social platform.

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