(1 − x 2 n ) be the generating function for the ProuhetThue-Morse sequence ((−1) s 2 (n) ) n∈N . In this paper we initiate the study of the arithmetic properties of coefficients of the power series expansions of the functionFor t ∈ N + the sequence ( f n (t)) n∈N is the Cauchy convolution of t copies of the Prouhet-Thue-Morse sequence. For t ∈ Z <0 the n-th term of the sequence ( f n (t)) n∈N counts the number of representations of the number n as a sum of powers of 2 where each summand can have one among −t colors. Among other things, we present a characterization of the solutions of the equations f n (2 k ) = 0, where k ∈ N, and f n (3) = 0. Next, we present the exact value of the 2-adic valuation of the number f n (1 − 2 m )-a result which generalizes the well known expression concerning the 2-adic valuation of the values of the binary partition function introduced by Euler and studied by Churchhouse and others.