June 13 (Reuters) - Trump Media and Technology Group ( DJT )

said on Friday that the U.S. Securities and Exchange

Commission has declared effective the registration for its

bitcoin treasury deal.

The company said it raised about $2.3 billion through a mix

of debt and equity agreements with participation from around 50

investors.

It said in May that the bitcoin will be held on Trump

Media's ( DJT ) balance sheet alongside existing cash and short-term

investments totaling $759 million as of the end of the first

quarter.

Several companies, including video game retailer GameStop ( GME )

and Strategy, are adding bitcoin and other

cryptocurrencies to their balance sheets to capitalize on rising

token prices as the Trump administration embraces digital

assets.