Trump Family Launches American Bitcoin Mining Venture
The Trump family is expanding its crypto interests by partnering with Hut 8 to launch American Bitcoin Corp., with Eric Trump as chief strategy officer as the venture gears up to go public.
Published on April 1, 2025
The Trump family is deepening its involvement in the cryptocurrency industry with the launch of American Bitcoin Corp. On March 31, 2025, it was reported that President Trump’s sons, Eric and Donald Trump Jr., have joined forces with Hut 8, a publicly traded bitcoin mining company, to embark on a new mining initiative. Eric Trump has been named the chief strategy officer, and the venture aims to build a significant bitcoin reserve as it sets sights on a future public offering.
The initiative is part of a broader effort by the Trump family to expand their footprint in crypto. With a strategic focus on energy and digital infrastructure, the new company is poised to leverage advanced mining technologies and innovative operational methods. This move follows a series of crypto-related projects associated with the family, marking another step in their ongoing push to influence the digital currency sector.