BITPRISMIA
American Bitcoin (ABTC), reportedly backed by Donald Trump's family, has acquired 16,299 Bitmain Antminer rigs, signaling a major investment in Bitcoin mining and confidence in the sector's long-term growth.
The Winklevoss twins have invested in American Bitcoin, a mining firm co-founded by Donald Trump Jr., highlighting a strategic alignment in the crypto space and its intersection with political figures.
The Trump family is increasing its involvement in the cryptocurrency market, with American Bitcoin raising $220 million to expand its BTC holdings and mining operations, and other initiatives like Truth Social planning a $2.5 billion BTC treasury.
American Bitcoin, co-founded by Eric Trump and Hut8, raised $220 million for Bitcoin acquisition and crypto mining, leveraging political connections and industry expertise to strengthen its market position.
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