The Trump family is making headlines once again with a new initiative that aims to further expand their influence in the world of digital assets. Eric Trump and Donald Trump Jr. have announced the launch of a Bitcoin mining companynamed “American Bitcoin.” Formed in partnership with Canada-based mining firm Hut 8, this new venture is not just an investment but is seen as a long-term strategic move.
Hut 8 will own 80% of the company, while the remaining 20% stake will be managed by American Data Centers Inc.,a firm owned by the Trump brothers. Eric Trump will serve as co-founder and chief strategy officer of the project.
From Mining to Value Preservation
American Bitcoin’s operations will be carried out across 11 data centers owned by Hut 8 throughout the United States. The company’s CEO, Asher Genoot, emphasized that the U.S. has a competitive edge globally in this space thanks to low energy costs and strong infrastructure. Eric Trump also highlighted that the U.S. offers a more efficient mining environment from an environmental sustainability perspective.
The Trump family is positioning this initiative not only as a production-focused venture but also as part of a long-term reserve strategy. The goal is to gradually build a significant Bitcoin reserve, setting American Bitcoin apart from traditional mining projects.
The Trump Family and the Crypto Market
This is not the Trump family’s first step into digital assets. Previously, they launched a decentralized finance platform called World Liberty Financial. WLFI Coin serves as the central token of the project and acts as the key to all economic activities on the platform.
Donald Trump has also softened his stance on cryptocurrencies compared to the past, and now openly advocates for making the United States “the crypto capital of the world.”
In the short term, American Bitcoin aims to build a strong infrastructure across the country. In the long term, it seeks to become a leading global Bitcoin mining company. Eric Trump is expected to share this vision publicly during an upcoming live broadcast.
This move by the Trump family shows that crypto policies in the U.S. are no longer shaped solely by financial concerns, but also by political and strategic considerations.
