News with the tag "eric trump"

The Trump family’s foray into the cryptocurrency market is intensifying, with recent developments highlighting their commitment to Bitcoin (BTC). American Bitcoin, a cryptocurrency mining and holding company backed by Eric Trump and Donald Trump Jr. operating as a subsidiary of Hut8, announced on Mo...

American Bitcoin, a crypto venture backed by Eric Trump, has raised $220 million in a major Bitcoin mining push. The funds will be used to buy BTC mining equipment, a new filing by Hut 8 Corp. revealed. Per a Bloomberg report, about $10 million in equity was sold for Bitcoin rather than dollars on F...