BITPRISMIA
American Bitcoin Corp (ABTC), a cryptocurrency miner majority-owned by Hut 8, acquired 1,726 BTC, increasing its total holdings to 2,130 BTC, signaling strong institutional confidence in Bitcoin's long-term value.
The Winklevoss twins have invested in American Bitcoin Corp., a crypto mining venture tied to Eric Trump and Donald Trump Jr., which aims to go public via a merger with Gryphon Digital Mining Inc.
Hut 8 reported a significant Q2 profit of $137.5 million, showcasing strong financial performance and strategic Bitcoin holdings, positioning it as a leader in the crypto mining industry.
Hut 8, a Trump-linked Bitcoin mining company, is expanding to Dubai to enhance capital strategy efficiency and leverage the region's crypto-friendly regulations.
American Bitcoin Corp, a mining company backed by the Trump family and majority-owned by Hut 8, raised $220 million in a funding round, surpassing its $200 million target, and is planning to go public via a merger with Gryphon Digital Mining.
Eric Trump-backed American Bitcoin has raised $220 million for BTC mining equipment and plans a Nasdaq listing through a merger with Hut 8 Corp., with Trump family members retaining majority ownership.