President Donald Trump’s media company has registered up to $ 12 billion in new values, according to a new S-3 presentation.
Trump Media and Technology Group (DJT), parent company of the Social Network Platform Truth Social, registered in the United States Stock Exchange and Securities Commission (SEC) to issue 84,657,181 common actions on Thursday.
The company closed a fundraising agreement of $ 2.44 billion last week to establish a Bitcoin Treasury. This announcement was followed by TMTG that presents documents before the SEC to list a background quoted by Bitcoin Exchange (ETF), similar to the 11 existing BTC products that are operated in the US.
DJT shares closed at $ 20.12 on Thursday, more than 8% under the day after the news of the president’s dispute with Elon Musk.
