Eric and Don Jr. launch major crypto mining venture
Eric Trump and Donald Trump Jr. are going all-in on the digital currency space with the launch of a new Bitcoin mining venture, American Bitcoin.
The Trump brothers, already known for their ventures in real estate and investments, are merging their company, American Data Centers, with crypto giant Hut 8 Mining Corp. to form the new entity.
The Trumps will own 20% of the company, with the remaining 80% controlled by Hut 8. For its part, the latter will contribute around 61,000 mining machines from its vast data centers, according to The Wall Street Journal.
The deal positions the Trumps at the intersection of two highly profitable industries, real estate and cryptocurrency.
Launched in February 2025, American Data…
