Trump Media Registers $12 Billion in New Securities with SEC
Trump Media and Technology Group (DJT) has registered up to $12 billion in new securities, filing with the U.S. Securities and Exchange Commission (SEC) to issue 84,657,181 shares of Common Stock. This follows a recent $2.44 billion fundraising deal aimed at establishing a bitcoin treasury.
Key developments include:
- Filing for a bitcoin exchange-traded fund (ETF).
- DJT shares closed at $20.12, down over 8% after news of a conflict involving President Trump and Elon Musk.