Donald Trump’s family partners with Hut 8 for new Bitcoin mining venture
By
Binu Mathew
The Trump family is set to launch a Bitcoin mining-focused venture with Hut 8 Corp., the latest expansion of the US president’s ties to the cryptocurrency sector.
Hut 8 is launching American Bitcoin Corp. as a majority-owned subsidiary, focused exclusively on Bitcoin mining and “strategic Bitcoin reserve development,” the Miami-based company said in a statement Monday.