Eric and Donald Trump Jr. launched a family bitcoin-mining venture
Hut 8 contributed most of its mining equipment for an 80 percent stake in American Bitcoin, while the Trump brothers' investor group held the remainder.
Entities and roles
- American Bitcoin Corp.family crypto business
- Donald J. Trumppresident and father of company co-founders
Claims and evidence
- factreported
Hut 8 and an investor group including Donald Trump's sons Eric Trump and Donald Trump Jr. launched American Bitcoin in March 2025; Hut 8 contributed mining equipment for an 80 percent stake.
- Axios: Trump sons launch bitcoin mining ventureLaunch announcement, ownership structure, and contributed mining equipment