- Trump Media secures SEC approval for Bitcoin treasury, enabling $2.3B investor share liquidity and boosting corporate crypto adoption.
- SEC crypto reforms advance as Chair Atkins supports industry innovation, drops enforcement actions, and forms a new regulatory task force.
- Trump Media joins major Bitcoin holders like Tesla and MicroStrategy, strengthening its capital strategy with long-term crypto exposure.
Trump Media and Technology Group has secured regulatory approval from the U.S. Securities and Exchange Commission for its Bitcoin treasury deal. The SEC declared the company’s Form S-3 registration effective on June 13, 2025. This is a milestone in Trump Media’s capital evolution strategy. The company trades under ticker DJT on Nasdaq and NYSE Texas. Besides, the registration clears the way for investors to resell approximately 56 million equity shares and 29 million shares linked to convertible notes.
Trump Media raised $2.3 billion from earlier debt and equity funding rounds involving about fifty investors. Hence, the capital generated now fuels its expansion plans across Truth Social, Truth+ streaming, and Truth.Fi fintech operations. Additionally, the approval allows market participants to trade previously restricted shares using standard exchange channels. This creates liquidity for early investors while keeping the Bitcoin treasury intact.
Corporate Bitcoin Adoption Deepens
Moreover, the deal positions Trump Media among the largest corporate holders of Bitcoin. Consequently, this reflects a growing trend among public companies allocating treasury assets to crypto. Major players like MicroStrategy and Tesla have paved the way for this strategy. Now, Trump Media is joining the ranks with a large-scale Bitcoin treasury model aimed at capital preservation and growth.
This action also suggests that Bitcoin will be accepted as a treasury reserve more widely. Maintaining long-term crypto exposure without compromising investor flexibility is the company’s goal. Therefore, it is anticipated that investor opinion regarding corporate crypto adoption will continue to move in the direction of conventional financial markets.
SEC Crypto Reforms Take Shape
On the regulatory front, SEC Chair Paul Atkins confirmed ongoing crypto reforms during a Senate budget hearing on June 3, 2025. He revealed that the SEC dropped several crypto enforcement cases recently. Hence, the agency aims to clarify regulatory boundaries for stablecoins and meme tokens.
Moreover, a newly formed crypto task force is now leading industry consultations. This task force will issue a report and propose fresh regulatory frameworks in the coming months. Additionally, discussions are ongoing around merging the PCAOB with the SEC, potentially redirecting a $100 million surplus toward staffing needs.
