Cameron and Tyler Winklevoss have invested an undisclosed amount of Bitcoin in American Bitcoin Corp., a crypto mining firm linked to Donald Trump’s sons. This investment was made in a private placement, as confirmed by Hut 8 Corp. CEO Asher Genoot during a recent investor call.
American Bitcoin was formed from the merger of Hut 8 and Gryphon Digital Mining Inc. Earlier this year. The company has successfully acquired $2 billion in Bitcoin and plans to go public on the Nasdaq, capitalizing on a profitable month for Bitcoin miners after the April 2024 halving.
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