
PANews|Jun 06, 2025 10:31
Trump Media Group registers up to $12 billion worth of new securities in new S-3 documents that can be used to purchase Bitcoin
Crypto KOL @ btcNLNico reveals key points of S-3 declaration documents submitted by Trump Media and Technology Group (DJT) yesterday:
1. Formally adopt the Bitcoin vault strategy.
2. Registered new securities worth up to $12 billion, which can be used to purchase Bitcoin.
This is an additional amount on the basis of approximately $2.44 billion previously raised through private equity.
4. The document mentions Bitcoin 362 times, while the previous S-3 declaration document only mentioned it once. If they complete the entire securities issuance, theoretically they can purchase approximately 140000 bitcoins at the current price.
Note: The S-3 filing must be approved by the U.S. Securities and Exchange Commission (SEC) on Form EFFECT before it can take effect.
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