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.