The registration statement for the Bitcoin Treasury Protocol of Trump Media Technology Group has been approved by the US SEC to take effect

According to Golden Finance, Trump Media and Technology Group Corp., which is currently listed on NASDAQ and NYSE Texas, announced that its previously submitted registration statement on Form S-3 has been approved by the US Securities and Exchange Commission to take effect on June 13, 2025. Trump Media Technology Group, the operator of social media platform Truth Social, streaming platform Truth+, and fintech brand Truth. Fi, announced last month that it has raised approximately $2.5 billion from institutional investors to support one of the largest Bitcoin reserve allocations for a listed company. The CEO of the company stated in a registration statement that registered investors to resell approximately 56 million shares of stock and 29 million convertible notes to support the establishment of its Bitcoin treasury.