Trump Media and Technology Group, owner of Truth Social, has requested to register up to $12 billion of new securities. Notably, the action outlined recently in an S-3 filing with the U.S. Securities and Exchange Commission (SEC) follows its $2.3 billion Bitcoin treasury plan. Trump Media plans to issue more than 84.6 million new shares […]
Trump Media & Technology Group
Bold Bet: Trump Media Files S-1 to Launch Truth Social Bitcoin ETF
Trump Media & Technology Group has submitted Form S-1 to the SEC to launch a Bitcoin exchange-traded fund. The plan for the Truth Social Bitcoin ETF is to hold Bitcoin in its spot price and list it on NYSE Arca. This is the latest move by the Trump-related company to enter the digital asset sector. […]
GameStop Buys 4,710 Bitcoin, Joins Growing List of Corporate Holders
GameStop revealed a major move on May 28 by announcing it had purchased 4,710 Bitcoins. The news came from the company’s official X account. While the announcement did not include the exact purchase price or transaction dates. At the time of the disclosure, the total value of the Bitcoin acquired was approximately $513 million. The […]