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Now Reading: Trump Media Group (DJT) Registers Up to $12B in Equity

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Trump Media Group (DJT) Registers Up to $12B in Equity

Trump Media Group (DJT) Registers Up to $12B in Equity

Kaumi GazetteCryptocurrency9 June, 2025

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President Donald Trump’s media firm has registered up to $12 billion in new securities, in accordance to a brand new S-3 submitting.

Trump Media and Technology Group (DJT), dad or mum firm of social media platform Truth Social, registered with the U.S. Securities and Exchange Commission (SEC) to concern up 84,657,181 shares of Common Stock on Thursday.

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The firm final week closed a $2.44 billion fundraising deal to set up a bitcoin treasury. This announcement was adopted by TMTG submitting paperwork with the SEC to listing a bitcoin exchange-traded fund (ETF), comparable to present 11 spot BTC merchandise that commerce in the U.S.

DJT shares closed at $20.12 on Thursday, over 8% decrease on the day following information of the President’s spat with Elon Musk.