The US Bitcoin, with the support of Eric Trump, raised $ 220 million to expand its bitcoin mining and strengthen the BTC wardrobe. The company, one of HUT 8 mining companies, aims to announce the integration with Gryphon Digital Mining, and ABTC trading on the Nasdaq Stock Exchange.
Since 2024, first -class investors and hedge fund managers have not been able to ignore Bitcoin and some capabilities Best encryption for purchase. Without a doubt, 
BTC 3.18 % It has been the best performance over the past decade, as some of the most hot stocks have exceeded, including infection and Excellence.
Amid the encryption mutation, the Wall Street investors quickly modified their positions, and they converted billions to public -related public companies such as Coinbase (Coin), Circle (Circl), and Robinhood (Hood).
Millions of dollars also flow to the coding mining platforms listed to the public, including HUT 8 and MARATHON Digital.
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American Bitcoin raises $ 220 million to expand operations and with reinforcement reserves
On June 30 / Arise $ 220 million in selling private stocks.
According to Eric Trump, the chief strategy official, $ 10 million shares were purchased using bitcoin at an average price of $ 104,000.
The goal is to expand Bitcoin mining and strengthen Bitcoin. American Bitcoin is a subsidiary of HUT 8 Mining, a bitcoin mining company with operations in the United States.
According to the latest data, HUT 8 Mining has an installed energy capacity of 1322 megawatts, generating more than 7.5 EH/s from the Bitcoin segmentation rate. In late 2023, it merged with Bitcoin. By January 2025, Koch 8 detained 10,096 BTC, of which 9,106 BTC was extracted and 990 BTC was purchased. The company also held $ 110 million in cash. By March 2025, its shares increased to 10,264 BTC.
The American Bitcoin plans for the audience through the process of integrating all-stock with Gryphon Digital Mining. The entity will be traded on the Nasdak Stock Exchange under the ABTC index. Exalted shareholders, including Trump Brothers and HUT 8, will keep the new company ownership by 98 %.
These rapid developments come just four months after the HUT 8 partnership with Trump Brothers to launch Bitcoin America.
In the deal, almost HUT 8 contributed to all Bitco ASics in Bitcoin, compared to 80 % of the company’s shares. It is still unclear whether the Trump brothers carry the remaining 20 %.
in press releaseBitcoin mining, based on “favorable economy, opens a greater chance.”
“From the beginning, we supported our conviction in Bitcoin; personally and through our business. However, buying bitcoin is just half of the story. Its mining with favorable economy opens a greater chance.
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Inspired by the strategy
It is clear that the American bitcoin follows the play book in the strategy. Previously, Microstrategy, the strategy was accumulating Bitcoin quickly, regardless of market conditions and plans to raise $ 2.5 billion to gain more bitcoin.
The latest data shows that the strategy controls 597325 BTC, making it the largest company for the General Bitcoin Ministry, which includes more than 10 times the Mara Holdings and more than 50 times the company Tesla.
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Behind Bitcoin Mining, the Trump family is deeply involved in encryption. According to Arkham Data, the Defi World Financial is running more than $ 180 million, especially ETHEREUM (ETH).
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Donald and Melania Trump also launched some of Top Solana Meme Coins In January, although its prices were low, it decreased by more than 60 % of its highest levels ever.
Senator Elizabeth Warren says his participation in encryption creates a conflict in interests, especially given the position of the Trump administration supporter to the situation.
He discovers: 16 Repeating the next explosion in 2025: predictions and expert analysis in the encrypted currency
American Bitcoin raises $ 220 million to expand BTC mining
- American Bitcoin provides $ 220 million to expand operations and strengthen BTC Holdings
- The American Bitcoin targets the Nasdaq list in the name of ABTC
- HUT 8 Mining has a large share of US Bitcoin
- The Trump family participates deeply in encryption and Dimi
The post American bitcoin, led by Eric Trump, was raised $ 220 million to boost BTC Holdings first appeared on 99bitcoins.