DJT: The previously submitted S-3 filing to the SEC regarding the "$2.3 billion Bitcoin reserve plan" has officially become effective.

BlockBeats news, on June 14, the Trump Media & Technology Group (DJT) announced that the SEC has approved the effectiveness of its previously submitted S-3 form registration statement. DJT subsequently filed the corresponding final prospectus with the SEC.

The announcement stated that, under an equity and debt agreement reached with approximately fifty investors (an agreement that brought the company approximately $2.3 billion in total proceeds, marking the largest scale for a publicly listed company in terms of Bitcoin reserve trades), the registration statement registers the resale rights for approximately 56 million shares of common stock and 29 million shares corresponding to convertible notes for the investors. The registration statement includes a universal shelf clause, designed to provide the company with greater flexibility in pursuing various initiatives related to its growth strategy. Currently, the company has no plans to issue any securities under the shelf registration statement.