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by: xpoolPosted on: June 10, 2025

Trump-Backed Firm Acquires $23 Million Worth of Bitcoin as it Prepares for Public Merger

American Bitcoin, a mining firm backed by Donald and Eric Trump, has quietly acquired over 215 bitcoins since its launch in April, accumulating more than $23 million worth of cryptocurrency. This strategic move comes ahead of the company’s planned public merger. The firm is using this opportunity to solidify its position in the U.S. crypto mining industry.

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  1. Eric Trump Claims Global Bitcoin Hoarding Amid Growing Crypto Adoption
  2. Eric Trump Endorses Bitcoin as ‘Digital Gold’ – Political Implications for Crypto Markets
  3. Eric Trump Claims Global Elites are Racing to Buy Bitcoin
  4. Trump ETF Filing Sparks Crypto Volatility: Market Impact and Regulatory Scrutiny
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