The U.S. Securities and Exchange Commission (SEC) has officially approved Trump Media and Technology Group’s (TMTG) registration to proceed with its long-awaited Bitcoin acquisition plan. With the green light now in hand, the firm’s treasury strategy is in motion.

$2.3 Billion Unlocked for Bitcoin Purchase

TMTG, which raised around $2.3 billion from institutional investors, is now legally permitted to use those funds to buy BTC. The firm did not disclose how much Bitcoin it plans to acquire or when, stating only that purchases will occur at the company’s discretion.

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Importantly, the funds can also be allocated to broader corporate initiatives, meaning Bitcoin acquisition is just one possible use of the capital.

$12 Billion Universal Shelf Included in Filing

The SEC filing also includes a universal shelf registration allowing TMTG to raise up to $12 billion through stock, debt, or warrants in the future. While no new issuance is currently planned, the authorization gives the company immense financial flexibility.

In addition, 84.7 million shares owned by early investors are now registered for resale. That amount represents nearly half of the public float and about 30% of total shares outstanding. TMTG is listed on the Nasdaq exchange under the ticker DJT.

Beyond Truth Social: Crypto-Driven Fintech Expansion

TMTG’s crypto ambitions stretch beyond asset acquisition. The company also operates Truth+, a digital streaming service, and Truth.fi, a new fintech platform launched earlier this year.

According to the company’s prospectus, its Bitcoin strategy may include purchasing Bitcoin-related securities or even selling BTC in the future to invest in cash-equivalent assets, depending on market conditions. Truth.fi is described as a financial services brand supporting “America First” investment vehicles, signaling a broader play in the fintech and digital asset space.

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Crypto AUM Up 136%, Derivatives Revenue Surges 40%

The Zurich-based Amina Bank grew its assets under management to $4.2 billion, adding $801 million in net new assets during the year. Derivatives revenue soared by 40%, as demand for crypto risk-hedging tools rose.

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CEO Franz Bergmueller emphasized that the bank achieved quarterly profitability in Q4 2024, marking a key milestone. The bank’s lending portfolio has recorded zero defaults over five years, underscoring its operational resilience.

International Growth Accelerates Across Key Markets

Amina Bank reported international revenue growth of 150% in Abu Dhabi and 570% in Hong Kong. The bank plans to onboard 30 B2B2C partners by the end of 2025. A proprietary digital platform catering to B2C, B2B, and B2B2C clients will launch later this year.

CFO Mike Foy noted a rise in the bank’s liquidity coverage ratio to 228%, and a CET1 capital ratio of 34% — more than twice the regulatory requirement.

Amina Bank, founded in 2019, holds licenses from FINMA (Switzerland), FSRA (Abu Dhabi), and SFC (Hong Kong). The bank rebranded from SEBA Bank in December 2023 to reflect its evolution toward merging traditional finance with digital assets.

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