"American Bitcoin".. A new alliance between "Hut 8" and the Trump family to revolutionize cryptocurrency mining
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Hut 8, a leading cryptocurrency mining company, announced a strategic partnership with Eric Trump to launch "American Bitcoin," a move that enhances the Trump family's presence in the digital currency market. The new company will focus on Bitcoin mining and building a strategic reserve of the digital currency, with ambitious plans for a future stock market listing. Hut 8's shares rose by 6.4% in pre-market trading following the announcement, while Donald Trump Jr. emphasized that mining represents a major economic opportunity that goes beyond merely owning Bitcoin. "American Bitcoin" is expected to be a key player in the mining sector, with Hut 8 as the exclusive partner for infrastructure and operations.