Bitcoin Mining Firm: American Bitcoin
Joint Venture: Launched March 2025 via Hut 8 merger with American Data Centers (backed by Eric and Don Jr.), giving the Trump side ~20% stake. Eric Trump serves as Chief Strategy Officer.
Holdings & Capital: The company has purchased ~$23 million in BTC and raised $220 million via private placements toward expansion and more mining capacity Bankless.
Trump Media & Technology Group (TMTG) Crypto Strategy
Bitcoin Treasury: Trump Media raised ~$2.3 billion via stock and debt issuance to buy ~$2 billion in BTC, now representing about two-thirds of its liquid assets
TronWeekly.
Ambitious Plans: Seeking to raise a total of $2.5 billion to further stockpile Bitcoin similar to MicroStrategy’s strategy. However, questions remain regarding risk and financial soundness.