Trump Brothers Help Launch Crypto-Mining Venture
The Trump family is continuing its cryptocurrency efforts, teaming with bitcoin mining firm Hut 8.
That company announced Monday (March 31) the launch of American Bitcoin Corp., which will focus on Bitcoin mining and “strategic Bitcoin reserve development.” Backing the company are Eric Trump — the firm’s chief strategy officer — and Donald Trump Jr., the president’s older sons.
“From the start, we’ve backed our conviction in Bitcoin — personally and through our businesses,” Trump Jr. said in a news release. “But simply buying Bitcoin is only half the story. Mining it on favorable economics opens an even bigger opportunity. We’re excited to bring investors into that equation through a platform…
