The company said $10 million of the total amount raised came in the form of bitcoin, at a rate of $104,000 per BTC.

Trump-linked crypto firm American Bitcoin raises $220M, plans public debut as Hut 8 expands operations to Dubai.

A cryptocurrency venture associated with President Donald Trump’s family raised $220 million to buy Bitcoin and digital asset ...

The president’s corporate footprint – and the room it’s created for potential conflicts of interest – is growing.

In March, Hut 8 announced that it was giving “substantially all” of its Bitcoin mining equipment to American Bitcoin in exchange for 80% of the newly formed company’s stock. Eric and Donald Trump Jr.

Tesla stocks have also been negatively impacted by the feud between Trump and Musk. At press time, Tesla stock (TSLA) has ...

Former President Donald Trump has publicly endorsed Bitcoin and the broader crypto sector, calling it a critical American ...

American Bitcoin, a majority-owned subsidiary of crypto mining firm Hut 8, has raised $220 million to buy Bitcoin mining ...

The total altcoin market cap fell below $1.30 trillion on July 1 as geopolitical and U.S. political tensions weighed on ...