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Trump Family Enters Bitcoin Mining With 'American Bitcoin' Venture

Eric and Donald Trump Jr. are partnering with Hut 8 to bring the family into the BTC mining business.
Trump Family Enters Bitcoin Mining With 'American Bitcoin' Venture
Bankless Bankless
Mar 31, 2025 • 1 min read
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Eric and Donald Trump Jr. are reportedly partnering with crypto miner Hut 8 on a new company called American Bitcoin, aiming to build a U.S.-based bitcoin reserve, The Wall Street Journal reports.

What’s the Scoop?

  • Major Mining Operation: American Bitcoin Bitcoin will control 61,000 mining machines, with plans to establish a substantial 'bitcoin reserve.'
  • Partnership with Hut 8: Hut 8 will own 80% of the venture and provide the mining hardware and infrastructure across 11 U.S. data centers.
  • Family Expansion into Crypto: This move solidifies the Trump family’s presence in crypto, adding to projects like World Liberty Financial World Liberty Financial and planned stablecoins.

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