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Trump Media Confirms $400M Stock Buyback Won't Impact $2.3B #Bitcoin Treasury Strategy
Trump Media and Technology Group announced Monday that its $400 million share repurchase program will proceed without affecting plans for a massive 
$BTC treasury.
The company behind Truth Social clarified that its board-approved stock buyback remains separate from the $2.3 billion Bitcoin investment strategy.
The SEC under Chair Paul Atkins approved the registration statement for the Bitcoin deal in June, with funding sourced from 56 million share resales and convertible notes.
Trump Media has also filed to launch a spot $BTC ETF while Truth Social separately applied to list dual Bitcoin-Ether ETF shares.
The announcement comes as President Trump pushes for a Strategic Bitcoin Reserve through executive order, though lawmakers have raised concerns about conflicts.
California Senator Adam Schiff's proposed legislation could bar public officials from #cryptocurrency endorsements, potentially affecting Trump Media's Bitcoin strategy.
