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Trump Media Files SEC Form S-3 to Boost Bitcoin Holdings With $12B Raise

  • Trump Media and Technology Group (TMTG) files SEC Form S-3 to raise $12 billion in securities for potential Bitcoin purchases.
  • The filing highlights a strategic shift towards Bitcoin investments, with a focus on acquiring approximately 140,000 BTC at current market prices.
  • Truth Social, a TMTG subsidiary, seeks to establish the 'Truth Social Bitcoin and Ethereum ETF' to capitalize on the popularity of ETFs in the market.
  • The move signifies a deliberate strategy by Trump Media to integrate cryptocurrency into its financial frameworks and prioritize digital assets as a long-term store of value.

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