TLDR Crypto · MARKETS & BUSINESS
SEC CLEARS TRUMP MEDIA FILING, OPEN DOOR TO BILLION-DOLLAR BITCOIN BUY
Summary from the TLDR Crypto newsletter
The SEC has declared effective Trump Media's registration for its Bitcoin treasury strategy, unlocking $2.3B in capital that can now be used to purchase BTC at the company's discretion. While the exact allocation and timeline remain undisclosed, the filing also includes a $12B universal shelf for future stock, debt, or warrant issuance.