0
0
Eric Trump and Donald Trump Jr. have announced their investment in a new Bitcoin mining company called American Bitcoin, formed through a partnership with Hut 8. The venture, launched on March 31, 2025, aims to capitalize on the lucrative Bitcoin mining industry, with Hut 8 merging most of its mining operations for an 80% stake in the relaunched firm. This move aligns with President Trump’s promise to promote cryptocurrency in the U.S., with plans for American Bitcoin to eventually go public. Reports suggest this could position it as a major player, with some posts on X claiming ambitions to make it the “world’s largest” Bitcoin miner.
