Trump Media Company Files S-3 Document, Plans to Build Bitcoin Vault with $2.3 Billion

Trump Media & Technology Group (TMTG) has reportedly filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC), which involves raising about $2.3 billion in funds, which have previously been raised from about 50 investors.

According to the registration document, the funds will be mainly used to establish TMTG's "Bitcoin Vault", an important part of the digital asset national strategy advocated by Trump himself. In addition to building the vault infrastructure, the funds will also be used for general corporate operations and strategic expansion. The registration statement also includes about 56 million shares of common stock and 29 million shares of convertible notes, leaving room for existing investors and future capital market operations.

It is worth noting that the document also covers the Universal Shelf Registration, which allows the company to quickly launch new financing rounds in the future based on market conditions, providing high flexibility for capital operations. This shows that TMTG is preparing for a rainy day and laying a legal and financial foundation for further expansion in the Bitcoin ecosystem.

The vault project is also seen by the outside world as an extension of the Trump administration's support for Bitcoin. Since returning to the White House, Trump has frequently mentioned the importance of digital assets in public, and has made it clear that he hopes to build the United States into a "global Bitcoin center." TMTG's Truth Social platform, crypto wallet applications, and Bitcoin-related ETF applications have formed a complete closed loop of crypto asset strategies.

As the registration process progresses, the market remains highly concerned about the development of TMTG's digital financial landscape. Some analysts believe that if the vault plan is successfully implemented, it will not only enhance TMTG's own asset allocation capabilities, but may also promote the trend of enterprise-level Bitcoin reserves on a larger scale, further accelerating the integration of crypto assets with the traditional financial system.