$BTC .#TrumpBTCTreasury is a new initiative under which Trump Media and Technology Group has decided to raise approximately $2.3 billion by obtaining approval from the SEC to include Bitcoin in its balance sheet. This includes $1.5B in equity and $0.8B in convertible notes. The purpose of this fund is to expand the Truth Social platform and launch fintech projects like Truth.Fi. The company has also applied for a Bitcoin Spot ETF. This move is inspired by companies like MicroStrategy and demonstrates that large companies are now considering Bitcoin as a strategic reserve asset.