Eric and Donald Trump Jr. launched a family bitcoin-mining venture
Reporting and findings
- reported
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
Summary and current status
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.
Venture launched; later operating status not assessed here
People and organizations
- American Bitcoin Corp.family crypto business
- Donald J. Trumppresident and father of company co-founders
Relationships in this file
- Donald J. Trumpwas president and father of bitcoin venture foundersAmerican Bitcoin Corp.