Trump Media files registration documents for Bitcoin vault plan, raising $2.3 billion from 50 investors

PANews reported on June 6 that according to GlobeNewswire, Trump Media submitted an S-3 registration statement to the US SEC, involving a Bitcoin vault financing plan that raised $2.3 billion from about 50 investors earlier. The funds will be used to establish a Bitcoin vault and general corporate purposes, and to register 56 million shares and 29 million convertible notes. The document also contains a general shelf registration to provide flexibility for subsequent capital operations.

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