Eric Trump and Donald Trump Jr. launched a U.S.-based bitcoin mining company called American Bitcoin through a strategic partnership with Hut 8.

Description

This marks the Trump family's formal entry into the industrial bitcoin mining sector, expanding their involvement in the digital asset space.

Event date

Mar 31, 2025 - 12:00am

Quotes that support claims

Eric Trump and Donald Trump Jr.’s American Data Centers will merge with and take a 20% stake in American Bitcoin, a mining operation majority-owned by Hut 8.

Per a press release issued on March 31, the venture emerged following Hut 8’s transfer of a substantial portion of its ASIC mining assets to American Data Centers Inc., which was subsequently renamed American Bitcoin.

Tags

Week 14 of 2025