$BTC Trump Family Storms the Cryptocurrency World!

Last night, the cryptocurrency world staged a scene of 'magical realism'—the price of Bitcoin suddenly soared, reaching a historical high of $83,000, with over 100,000 investors across the network facing liquidation, creating a bloodbath! And the spark for all this was surprisingly related to an 'old acquaintance': Eric Trump, the second son of former U.S. President Donald Trump.

Big News in Cryptocurrency: Trump Family Re-employment, Hut 8 Becomes the 'Strongest Ally'

Yesterday, March 31, the Canadian-listed mining company Hut 8 suddenly announced: a partnership with Eric Trump to establish the new company American Bitcoin, targeting to become 'the largest Bitcoin mining enterprise in the world.' This is not just an ordinary collaboration. According to internal sources, the Trump family's American Data Centers will merge with the new company and hold a 20% stake, while Hut 8, by investing a large number of ASIC mining machines, will secure an 80% controlling stake, making it a 'technical equity ceiling.' Even more exciting, after the transaction is completed, American Data Centers will directly change its name to American Bitcoin, transforming on-site into Bitcoin mining, without even needing to redesign the logo, saving enough design fees to potentially buy a few more mining machines.

Once the news broke, the capital market immediately erupted. Hut 8's stock price surged by 23% at one point during trading, ultimately closing up 5.3%, making it the 'handsomest' in the mining industry. Meanwhile, Bitcoin seemed to receive a boost, soaring from $79,000 straight up, directly breaking the $83,000 mark, causing countless bears to cry out 'Trump, save me!'

However, it's a mixed bag of emotions. According to Coinglass data, in the past 24 hours, over 100,000 investors faced liquidation, with the total liquidation amount reaching $1.2 billion. One netizen lamented, 'Thought I could profit by following Trump, but ended up in a coffin!'

In-depth Reveal: What Does the Trump Family's 'Bitcoin Printing Machine' Look Like? Why Can a Mining Company’s Collaboration with Trump’s Son Stir Up the Entire Market? The answer lies in three keywords: Traffic, Resources, Ambition.