Trump's social media company strikes deal to buy bitcoin: report

President Donald Trump’s social media company, Trump Media & Technology Group, is buying bitcoin, according to a Politico report.

The Media group is the parent company of Truth Social. Politico reports that the president is the controlling shareholder of the publicly traded company.

In a statement Tuesday, the company announced deals with about 50 large investors who will raise $2.5 billion for the company through stock and debt.

“We view Bitcoin as an apex instrument of financial freedom...