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Trump Media Group has registered new securities of up to $12 billion in the new S-3 filing, which can be used to purchase Bitcoin.
[Trump Media Group registers up to $12 billion in new securities in new S-3 filings, which can be used to buy Bitcoin] On June 6, crypto KOL @btcNLNico disclosed on the X platform the main points of the S-3 declaration documents submitted by Trump Media and Technology Group (DJT) yesterday: 1. Officially adopt the Bitcoin vault strategy. 2. New securities of up to $12 billion are registered, which can be used to buy Bitcoin. 3. This is in addition to approximately $2.44 billion previously raised through private placements. 3. Bitcoin is mentioned 362 times in the document, compared to only once in the previous S-3 filing. If they complete the full issuance of securities, they could theoretically buy about 140,000 BTC at the current price. Note: The S-3 registration statement will become effective only after receiving approval from the U.S. Securities and Exchange Commission (SEC) on Form EFFECT.