{"id":2814,"date":"2025-03-31T13:17:13","date_gmt":"2025-03-31T13:17:13","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/03\/31\/trump-family-is-investing-in-a-bitcoin-mining-company\/"},"modified":"2025-03-31T13:17:13","modified_gmt":"2025-03-31T13:17:13","slug":"trump-family-is-investing-in-a-bitcoin-mining-company","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/03\/31\/trump-family-is-investing-in-a-bitcoin-mining-company\/","title":{"rendered":"Trump Family Is Investing In A Bitcoin Mining Company"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Trump Family Is Investing In A Bitcoin Mining Company<\/a><\/p>\n

<\/div>\n

The Trump<\/a> family is expanding its growing bitcoin and crypto portfolio by investing in a new bitcoin mining venture called American Bitcoin<\/a>.<\/p>\n

Donald Trump Jr. and Eric Trump<\/a> are merging their firm, American Data Centers, with Hut 8, a publicly traded bitcoin miner, to form the new company. The Trump brothers will hold a 20% stake in American Bitcoin, with Hut 8 owning the remaining 80%.<\/p>\n

\n

BREAKING: ERIC TRUMP AND DON JR. ARE INVESTING IN A #BITCOIN<\/a> MINING COMPANY: WSJ pic.twitter.com\/lC4h7UE5x3<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) March 31, 2025<\/a>\n<\/p><\/div>\n

The deal brings 61,000 mining machines from Hut 8 into American Bitcoin. The company also plans to build its own \u201cbitcoin reserve<\/a>\u201d by retaining mined coins.<\/p>\n

Eric Trump, who will be American Bitcoin\u2019s chief strategy officer, likened bitcoin\u2019s hard asset properties to real estate. By leveraging Hut 8\u2019s<\/a> low-cost North American data centers, American Bitcoin aims to mine bitcoin more efficiently than competitors. This could become a key advantage as mining gets more difficult over time.<\/p>\n

The Trump family has aggressively embraced bitcoin and crypto lately through various projects.<\/p>\n

American Bitcoin will remain separate from the Trump Organization empire. But its bitcoin reserve plans align with President Trump\u2019s vision for the U.S. strategic bitcoin reserve<\/a>.<\/p>\n

Bitcoin mining has faced environmental criticism for its massive energy use. But Eric Trump believes American Bitcoin\u2019s access to low U.S. energy costs will give it an edge.<\/p>\n

By focusing on mining, American Bitcoin appears to be a more serious bitcoin bet compared to Trump\u2019s meme coins and stablecoin talk. The family\u2019s rising bitcoin and crypto profile mirrors the growing mainstream acceptance.<\/p>\n

This post Trump Family Is Investing In A Bitcoin Mining Company<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Vivek Sen Bitcoin<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Trump Family Is Investing In A Bitcoin Mining Company The Trump family is expanding its growing bitcoin and crypto portfolio by investing in a new bitcoin mining venture called American Bitcoin. Donald Trump Jr. and Eric Trump are merging their firm, American Data Centers, with Hut 8, a publicly traded bitcoin miner, to […]<\/p>\n","protected":false},"author":0,"featured_media":2815,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-2814","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=2814"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2814\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/2815"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=2814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=2814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=2814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}