Trump Media submitted registration documents for the Bitcoin Treasury Project, raising a total of $2.3 billion from 50 investors
PANews reported on June 6 that, according to GlobeNewswire, Trump Media filed an S-3 registration statement with the SEC in connection with the Bitcoin vault financing plan that had raised $2.3 billion from about 50 investors. The funds will be used to build a Bitcoin vault and for general corporate purposes, as well as to register 56 million shares of shares and 29 million shares of convertible notes. The document also contains a universal shelf registration to provide flexibility for subsequent capital operations.
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