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Trump Brothers Help Launch Crypto-Mining Venture American Bitcoin

  • The Trump family is teaming with bitcoin mining firm Hut 8 to launch American Bitcoin Corp.
  • Eric Trump and Donald Trump Jr. are backing the company, focusing on Bitcoin mining and strategic Bitcoin reserve development.
  • Hut 8 contributed the bulk of its ASIC miners in exchange for an 80% stake in the company.
  • This is the latest crypto-related venture by the Trump family, following their embrace of the crypto sector last year.

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