Member-only story
Trump Family Dives Into Bitcoin Mining: The Rise of American Bitcoin Corp
Trump Family Dives Into Bitcoin Mining: The Rise of American Bitcoin Corp
Trump, Bitcoin, and a Bold New Venture — This One’s Big!
When the Trump family makes a move, they go big. And this time, they’re diving headfirst into Bitcoin mining with the launch of American Bitcoin Corp. Backed by Eric Trump and Donald Trump Jr., and in partnership with Hut 8, one of the leading Bitcoin mining and energy infrastructure firms, this new venture aims to become the biggest and most efficient Bitcoin mining operation in the world.
Sounds ambitious? Of course — it’s the Trump way.
🔷 The Birth of American Bitcoin Corp
American Bitcoin Corp isn’t just a random startup — it’s a mega-merger.
- American Data Centers, Inc. (formed by investors, including Eric & Don Jr.) joined forces with Hut 8’s mining operations to create this powerhouse.
- Hut 8 holds an 80% stake, while the Trump-backed investors own 20%.
- Most of Hut 8’s ASIC miners (the high-powered machines used to mine Bitcoin) have been transferred to American Bitcoin, making it a mining giant from day one.
With mining being one of the most energy-intensive sectors, having strategic energy partnerships is key — and the Trumps know it.
🛠 Who’s Running the Show?
The leadership team behind American Bitcoin Corp isn’t just for show — it’s stacked with experience:
- Mike Ho — Executive Chairman (Big name in energy & infrastructure)
- Matt Prusak — CEO (Knows the mining game inside-out)
- Eric Trump — Chief Strategy Officer (Trump brand power + crypto vision)
Eric Trump has been super vocal about this venture, saying it’s the perfect mix of Bitcoin’s decentralized power and the Trump family’s business acumen.
And Don Jr.? He’s even more bullish, saying mining Bitcoin under the right economic conditions is far more lucrative than just holding it.
These guys aren’t here to play — they’re here to dominate.