Trump Family Form American Bitcoin: Going into BTC Mining Industry


During the first three months of the year, the Cryptocurrency Asset class has become an important focus for the returning Trump administration. In addition, it has become an interest point for his two sons as well. The Trump family has actually formed American Bitcoin through a partnership with BTC Mining Company The hut 8facilitates their official entry into the industry.

The company is run by both Donald Trump Jr. And Eric Trump, two of us President Donald Trump’s sons. Specifically, the two will own a 20% share in the new US -based Bitcoin Mining Company, with HUT 8 which retains the additional 80% of the newly formed company, according to a new press release.

Donald Trump Jr. and Eric Trump collaborates with HUT 8, from American Bitcoin Mining Company

The first months of the year have seen the United States completely change its perspective on the Cryptocurrency market. With the US President returns Donald TrumpThe nation has embraced its first real pro-crust administration. Now Trump’s commitment to the asset class has been strengthened by his children’s business.

In a fairly important development, the Trump family has collaborated with HUT 8 to create American Bitcoin, which facilitates their first entry into the BTC mining sector. The move finally deepens the Cryptocurrency exposure for both Donald Trump Jr. And Eric Trump.

Bitcoin us flagBitcoin us flag
Source: Watcher Guru

Also read: Trump Media dives into ETF with Crypto.com partnership

He said that the new unit plans to build a “Bitcoin Reserve” that can eventually be published. Although separate from the Trump organization, there is no such distinction with their World Liberty Financial (WLFI). In fact, the move gives more evidence that the US president’s business in the sector will continue long after his second term has ended.





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