Trump Media has submitted an SEC filing to register up to $12 billion to build a Bitcoin reserve. This bold move accelerates the company’s Bitcoin acquisition strategy and signals a major crypto-driven expansion.

Trump Media’s $12 Billion Bitcoin Reserve Strategy

On June 5, Trump Media & Technology Group Corp. filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC). This filing allows the company to register securities worth up to $12 billion. The capital raised will support Bitcoin purchases and other growth initiatives, including mergers and acquisitions.

The filing includes a universal shelf registration, which gives Trump Media flexibility to issue various securities such as common stock, preferred stock, debt instruments, and convertible notes. While the company has not announced immediate plans to issue securities under this registration, it emphasizes the importance of having the ability to raise funds quickly to seize growth opportunities.

Trump Media’s CEO, Devin Nunes, described this registration as fundamental to the company’s future expansion. He highlighted that the capital provides the financial freedom, assets, independence, flexibility, and security needed to pursue rapid growth.

Positioning Trump Media Among Top Bitcoin Holders

With this strategy, Trump Media aims to become one of the largest public corporate holders of Bitcoin. The company plans to acquire Bitcoin in quantities and timing it deems optimal. The initial $2.3 billion capital raised earlier will establish a corporate Bitcoin reserve, expected to hold roughly 23,000 BTC at current prices.

Custody of the Bitcoin reserves is expected to be split between Anchorage Digital and Crypto.com. The company also filed separately for SEC approval to launch the Truth Social Bitcoin ETF, further expanding its crypto footprint.

This aggressive Bitcoin treasury strategy places Trump Media alongside major corporate Bitcoin holders like Tesla and others. It reflects a growing trend of public companies diversifying their balance sheets with digital assets.

In summary, Trump Media’s SEC filing to raise $12 billion for a Bitcoin reserve marks a significant development in the cryptocurrency market. It signals the company’s commitment to crypto as a core part of its financial and strategic future.

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