B
BTC $101,811 ↓ 0.5%
E
ETH $3,405 ↓ 1.3%
U
USDT $1.00 ↑ 0%
X
XRP $2.28 ↓ 1.1%
B
BNB $990.08 ↓ 0.3%
S
SOL $158.31 ↓ 1.8%
U
USDC $1.00 ↑ 0%
S
STETH $3,403 ↓ 1.1%
T
TRX $0.29 ↓ 0.5%
D
DOGE $0.17 ↓ 2.4%
A
ADA $0.56 ↓ 3.3%
F
FIGR_HELOC $1.05 ↑ 0.2%
B
BTC $101,811 ↓ 0.5%
E
ETH $3,405 ↓ 1.3%
U
USDT $1.00 ↑ 0%
X
XRP $2.28 ↓ 1.1%
B
BNB $990.08 ↓ 0.3%
S
SOL $158.31 ↓ 1.8%
U
USDC $1.00 ↑ 0%
S
STETH $3,403 ↓ 1.1%
T
TRX $0.29 ↓ 0.5%
D
DOGE $0.17 ↓ 2.4%
A
ADA $0.56 ↓ 3.3%
F
FIGR_HELOC $1.05 ↑ 0.2%

Trump-Linked American Bitcoin Raises $220M

July 1, 2025 Sama Tarek 1 min read Short News

American Bitcoin, a majority-owned subsidiary of Hut 8 and co-founded by Donald Trump Jr. and Eric Trump, has raised $220 million through a private placement. The funds will be used to acquire Bitcoin mining equipment and expand the company’s Bitcoin treasury. Notably, $10 million of the raise was accepted in Bitcoin instead of cash. This comes as Hut 8 also expands its operations to Dubai with a new office focused on crypto trading and digital asset accumulation.

Sama Tarek

Sama Farghaly is a contributing writer covering the evolving intersection of compliance, fintech, and digital assets. She brings practical, on-the-ground experience advising Web3 startups and licensed entities on regulatory frameworks across the UAE and international markets. Sama specializes in AML/CFT policy development, licensing strategy, and operational compliance, with a focus on helping companies navigate complex legal environments. Her writing translates regulatory developments into clear, actionable insights—bridging the gap between policy and innovation for a global crypto audience.

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