<ul data-eligibleForWebStory="true"><li>American Bitcoin, linked to Eric Trump and Donald Trump Jr., raised $220 million by selling over 11 million shares to private investors.</li><li>A portion of the shares, valued at $10 million, were bought using Bitcoin at a rate of $104,000 per coin, reflecting strong crypto interest.</li><li>The funds will bolster infrastructure expansion, enhance the BTC treasury, and allow for potential acquisitions of mining equipment and Bitcoin.</li><li>The company, founded by Eric Trump and Hut 8, is set for a public debut through a merger with Gryphon Digital Mining, with existing shareholders retaining 98% ownership.</li></ul>

Trump-Linked Mining Venture Raises $220M to Expand Bitcoin Holdings

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