Trump family’s Bitcoin mining company raises $220 million

fortune.com/crypto/2025/07/01/american-bitcoin-president-donald-trump-hut-8-220-million

The Trump family’s crypto business is increasingly becoming a bet on Bitcoin. On Monday afternoon, American Bitcoin, a cryptocurrency mining and holding company back by Eric Trump and Donald Trump Jr., announced that it had raised $220 million. The firm plans to use the new capital to…

This story appeared on fortune.com, 2025-07-01 14:44:29.
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