American Bitcoin, a cryptocurrency venture backed by former U.S. President Donald Trump, has raised $220 million in new funding.
The capital will be allocated toward acquiring bitcoin directly and financing mining operations, positioning the firm for strategic expansion within the digital asset sector.
This initiative leverages Trump’s political influence to drive institutional participation in cryptocurrency markets. The financing demonstrates continued investor confidence in bitcoin-focused ventures despite evolving regulatory landscapes.
Investment proceeds will establish bitcoin treasury reserves while scaling computational resources dedicated to blockchain transaction validation across mining facilities.