Trump Media and Technology Group Corp. has received approval from the U.S. Securities and Exchange Commission to create a Bitcoin treasury, which could reshape the crypto investment landscape in the country.
About SEC Approval
On June 12, 2025, the U.S. Securities and Exchange Commission (SEC) declared Trump Media and Technology Group Corp.'s Form S-3 registration statement effective. This decision allows the company to proceed with its Bitcoin treasury plan. The company is reportedly seeking to integrate Bitcoin into its financial operations.
Trump Media's Plans
Trump Media's CEO Devin Nunes stated, "We’re aggressively implementing our plans to expand the Company, our offerings, and our capabilities. By simultaneously enhancing and growing our social media platform, TV streaming platform, and our FinTech brand while establishing a Bitcoin treasury, we aim to continue rapidly transforming Trump Media into an indispensable company for the expanding customer base of the Patriot Economy."
Impact on Cryptocurrency Market
The adoption of Bitcoin by a Trump-backed company is a strong signal that the United States will continue to support the cryptocurrency industry in the long term. This decision may drive institutional investors to view Bitcoin as a hedge against high inflation. Currently, data indicates that 235 institutional investors hold over 3.4 million BTC across their treasury accounts. The rising demand for Bitcoin adds further pressure to the supply and demand balance, contributing to the increase in BTC prices.
The SEC's approval of Trump Media's Bitcoin treasury plan could represent a significant step in strengthening the cryptocurrency industry in the U.S. and spark greater interest from investors.
