#TrumpBTCTreasury Trump Media and Technology Group (DJT.O), opens new tab 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. Trump Media’s CEO and President Devin Nunes said, “We’re aggressively implementing our plans to expand the Company, our offerings, and our capabilities.” Nunes added:

“By simultaneously enhancing and growing our social media platform, TV streaming platform, and our fintech brand while establishing a Bitcoin treasury, we aim to continue rapidly transforming Trump Media into an indispensable company for the expanding customer base of the Patriot Economy.”