Eric Trump and Donald Trump Jr. are launching a new bitcoin mining venture called American Bitcoin in conjunction with Florida-based company Hut 8.

U.S. President Donald Trump’s sons — entered into a partnership with the Bitcoin mining firm Hut 8 to launch American Bitcoin. As per the statement, Hut 8 contributed most of its mining infrastructure to American Data Centers — formed by a group of investors including Eric Trump and Donald Trump Jr.

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