Registration Statement for Trump Media Bitcoin Treasury Deal Becomes Effective
- Trump Media has filed a final prospectus with the SEC regarding its $2.5 billion bitcoin treasury deal.
- CEO Devin Nunes stated that Trump Media is aggressively expanding its offerings and capabilities.
- The offering includes approximately $1.5 billion in common stock and $1 billion in convertible notes.
- Reed Smith served as legal counsel for this significant cryptocurrency treasury acquisition.
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Trump Media's registration for bitcoin treasury deal becomes effective
(Reuters) -Trump Media and Technology Group said on Friday that the U.S. Securities and Exchange Commission has declared effective the registration for its bitcoin treasury deal.
·Malaysia
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+5 Reposted by 5 other sources
Registration Statement for Trump Media Bitcoin Treasury Deal Becomes Effective
Company Files Final Prospectus as Expansion Plans Move Forward
·Bakersfield, United States
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Reed Smith serves as legal counsel to placement agents in Trump Media's $2.5 billion bitcoin treasury deal
MIAMI, June 13, 2025 /PRNewswire/ -- Global law firm Reed Smith served as legal counsel to the placement agents in Trump Media and Technology Group Corp.'s groundbreaking $2.5 billion bitcoin treasury deal, one of the largest cryptocurrency treasury acquisitions by…
Trump Media has received approval from the U.S. SEC to issue securities intended, in part, to purchase bitcoin. Read more
Coverage Details
Total News Sources60
Leaning Left4Leaning Right8Center10Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 18%
C 45%
R 36%
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