#TrumpBTCTreasury Trump Media and Technology Group (TMTG), a publicly traded media company controlled by the family of the U.S. president, announced on Tuesday a plan to purchase 2.5 billion dollars in Bitcoin.

The company, which operates Trump's social media platform, Truth Social, will raise funds for the purchases by offering 1.5 billion dollars in equity and 1 billion dollars in debt financing to 50 anonymous institutional investors, according to a statement released on Tuesday.

The 2.5 billion dollars