Trump Media filed a registration with the SEC for up to $12 billion for Bitcoin Reserve

Trump Media is aiming to raise up to 12 billion dollars in capital through a filing with the SEC, accelerating its bitcoin acquisition strategy and positioning itself for robust expansion through cryptocurrency. Trump Media seeks SEC approval to raise up to $12 billion to boost Bitcoin acquisition. Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT), founded and largely owned by President Donald Trump, revealed on June 5 that the company has filed a Form S-3 registration with the U.S. Securities and Exchange Commission (SEC) to register securities worth up to $12 billion— a move that marks a significant step forward in the company's financial and strategic roadmap. The registration of the universal shelf will allow the company to issue various types of securities, including common stock, preferred stock, debt instruments, warrants, rights, and units. In the filing, the company stated: The total initial offering price of all securities we sell under this prospectus will not exceed $12.0 billion. This shelf provides wide flexibility for fundraising to support future initiatives, including mergers, acquisitions, or market offerings (ATM). The registration comes after Trump Media previously announced a $2.3 billion grant through equity and debt registration agreements involving about 50 investors. The proceeds from those agreements will be used to establish the company's bitcoin reserve fund and support joint operations. As part of the Form S-3 filing, the company is registering approximately 84.7 million common shares for resale, including 56 million equity shares and 29 million shares that can be issued from convertible bonds. Although the company has not disclosed its plan to issue securities under the $12 billion limit immediately, it has emphasized the importance of having these mechanisms in place to pursue growth opportunities rapidly and efficiently. Trump Media is strategically linking its capital strategy with a long-term bitcoin treasury plan. "TMTG will acquire bitcoin and related bitcoin holdings in quantities and timings that the company deems optimal," the company stated in its filing. The company further noted. We will continue to implement our bitcoin strategy, including considering raising additional capital to acquire bitcoin and bitcoin-related products when market conditions allow. CEO Devin Nunes described this registration as a foundation for future expansion, asserting that it provides "the capital, assets, independence, flexibility, and security we need to achieve our goal of rapid expansion." Despite the risks of litigation and market obstacles, Trump Media is positioning itself among the growing public companies leveraging bitcoin as a core financial asset. Trump Media is also seeking SEC approval to launch the Truth Social Bitcoin ETF.