Trump Media & Technology Group files S-3 with total funding of approximately $2.3 billion
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Planet Daily News: Trump Media & Technology Group (DJT.O) has submitted an S-3 registration statement regarding its previously announced Bitcoin asset transaction. The company stated that it seeks to register the resale of approximately 56 million shares of stock and 29 million shares of underlying convertible notes, with proceeds to be used for creating Bitcoin assets and general corporate purposes. The S-3 form was submitted based on debt and equity subscription agreements with around 50 investors, with a total financing amount of approximately $2.3 billion.
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