Trump Media Begins Full-Scale Bitcoin Accumulation…S-3 Registration Statement Filed with U.S. SEC
Suehyeon Lee
Summary
- Trump Media (DJT) has officially launched efforts to accumulate Bitcoin.
- It filed a private placement registration statement (S-3) with the U.S. SEC, drawing investors' attention.
- A fundraising effort of around $2.3 billion is reportedly underway.
Trump Media (DJT) has embarked on a full-scale initiative to accumulate Bitcoin (BTC).
According to O Daily on the 6th (local time), Trump Media submitted a private placement-related registration statement (S-3) to the U.S. Securities and Exchange Commission (SEC). This filing is reported to be connected to their Bitcoin accumulation plans.
The S-3 was submitted for debt and equity acquisition agreements with approximately 50 institutional investors, with the total amount of funds to be raised estimated at around $2.3 billion.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
