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Crypto firm linked to Trump raises $220 million
Gulf News
|July 02, 2025
NEW YORK
-
A cryptocurrency venture associated with US President Donald Trump's family raised $220 million to buy Bitcoin and digital asset mining equipment, according to a filing.
American Bitcoin, a company whose backers include Trump's son Eric Trump, issued new shares to private investors on Friday. Some of the equity, worth about $10 million, was sold for Bitcoin rather than dollars, according to the filing by American Bitcoin's majority owner Hut 8 Corp.
Dit verhaal komt uit de July 02, 2025-editie van Gulf News.
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