President Donald Trump’s media company has registered up to $ 12 billion in new securities, according to a new S-3 archiving.
Trump Media and Technology Group (DJT), parent company of Social Media Platform Truth Social, registered with the US Securities and Exchange Commission (SEC) to issue 84,657,181 shares of joint shares on Thursday.
The story continues below
Don’t miss another story.Subscribe to Crypto DayBook America’s newsletter today. See all newsletters
Sign up for me
Last week, the company closed a $ 2.44 billion collection agreement to establish a Bitcoin Treasury. This message was followed by TMTG archiving papers with SEC to indicate a Bitcoin Exchange-Traded Fund (ETF), equivalent to existing 11 Spot BTC products trading in the US
DJT shares closed at $ 20.12 Thursday, over 8% lower the day after news about the president’s spat with Elon Musk.
