Trump, Bitcoin
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USA TODAY |
Hut 8 merged the majority of its mining operations for an 80% stake in American Data Centers, a company formed by a group of investors including Eric Trump and Donald Trump Jr. that has been relaunch...
Reuters |
President Donald Trump’s family took control of the crypto venture and grabbed the lion’s share of those funds, aided by governance terms that industry experts say favor insiders.
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Bitcoin has become one of the most sought-after digital assets in the world. Whether you are looking to invest for long-term gains or earn Bitcoin through mining, understanding the fundamental differences between Bitcoin mining and trading is essential.
Donald Trump Jr. and Eric Trump announced Monday the launch of “American Bitcoin,” a new cryptocurrency mining company created through
CoinShares' Valkyrie Bitcoin Mining (WGMI) exchange-traded fund (ETF) is the worst-performing ETF of 2025, down 43% year-to-date, according to Senior Bloomberg ETF analyst Eric Balchunas. The ETF is made up of several publicly traded bitcoin (BTC) miners.
The Trump family expands into brypto mining, taking a stake in a new venture called American Bitcoin alongside Hut 8.
Eric Trump and Donald Trump Jr. will partner with Hut 8 to create a new Bitcoin mining and reserve business. The Trumps' American Data Centers will merge with Hut 8 to form American Bitcoin, with Hut 8 holding an 80% stake.
Eric Trump and Donald Trump Jr. inked a deal with Hut 8 and have planned to acquire 20% stake in American Bitcoin.
The publicly-traded Bitcoin (BTC) mining company Hut 8 is partnering with US President Donald Trump's family to form a new mining subsidiary called American Bitcoin.
The president's sons will now play a key role in creating the cryptocurrency through the company American Bitcoin.