"TRUMP FAMILY ENTERS CRYPTO! AMERICAN BITCOIN TO BECOME THE LARGEST MINER?" 🚀
Eric Trump and Donald Trump Jr. have just launched American Bitcoin Corp in partnership with Hut 8, one of the largest Bitcoin mining companies. In this partnership, Hut 8 holds 80% of the shares, while American Data Centers (Trump's company) controls 20%.
Eric Trump, as Chief Strategy Officer, stated that the main focus of this company is large-scale Bitcoin mining and the development of strategic reserves. This decision surprised many because Donald Trump was previously known as a crypto skeptic.
Market reaction? Very positive! Hut 8's stock immediately rose 6.4% in pre-market, although it is down 42.8% year-to-date. With plans to go public soon, the Trump family clearly wants to make America the "Crypto Capital of the World"!
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