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The company said $10 million of the total amount raised came in the form of bitcoin, at a rate of $104,000 per BTC.
In March, Hut 8 announced that it was giving “substantially all” of its Bitcoin mining equipment to American Bitcoin in exchange for 80% of the newly formed company’s stock. Eric and Donald Trump Jr.
A cryptocurrency venture associated with President Donald Trump’s family raised $220 million to buy Bitcoin and digital asset ...
Trump-linked crypto firm American Bitcoin raises $220M, plans public debut as Hut 8 expands operations to Dubai.
Trump family crypto venture American Bitcoin raised $220M for mining rigs and Bitcoin treasury, signaling bold dig into ...
American Bitcoin has raised $220 million to invest in Bitcoin and purchase Bitcoin mining equipment. The firm sold $10 ...
Hut 8, a Bitcoin miner tied to the Trump family, is building a new office in Dubai, locking in on the city’s crypto-friendly ...
While Donald Trump is making inroads with Bitcoin, Peter Schiff argues that the efforts are hurting the US dollar.
Tether, Hut 8, and Trump-backed American Bitcoin aim to reshape mining in 2025 with 450 MW goals, despite energy costs and ...
Donald Trump Jr. is set to deliver a keynote address at Korea Blockchain Week in September. Through various business ventures, the three Trump sons are ...
A Trump family-linked Bitcoin miner plans to set up an office in Dubai, a growing hub for the cryptocurrency industry known ...