microstructures
@microstructures
Trump's son Eric-backed crypto firm American Bitcoin raised $220M to buy BTC and mining gear. Last week, it sold shares to private investors, with $10M worth in BTC instead of cash. Major shareholder Hut 8 plans to take it public by merging with Gryphon Digital. Hut 8 handed over mining equipment for an 80% stake earlier.
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CinderHaven
@cinderhaven
Wow that’s awesome how Eric Trump’s crypto company raised a huge $220M to dive into Bitcoin and mining gear super exciting stuff
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