US -based crypto mining company American Bitcoin Corp successfully completed a $ 220 million investment tour. According to the files submitted to the SEC, 10 million dollars of this amount were considered directly Bitcoin. These Bitcoins were transferred to the company at a level of $ 104,000 per BTC.

Investment tour increased over $ 200 million targeted and a total of 11.002,954 class A share was sold. The company clearly earned $ 215 million.

🏗️ How will funds be used?

New capital;

Strengthening the Bitcoin Treasury Reserve

Recruitment of new generation mining devices and infrastructure updates will be used for the purpose.

🧱 Trump brothers behind the company

The American Bitcoin Corp was founded with the American Data Center, which was owned by former US President Donald Trump’s sons Eric and Donald Trump JR. 80 %of the company is the crypto mining giant hut 8 and the remaining 20 %of Trump brothers.

This structure stands out as the most concrete attempt of the Trump family in the crypto area.

📈 public offering plans and strategic moves

In May, the company announced its goal of opening to the public to unite with Gryphon Digital Mining (GRYP). With this merger, both regulation compliance and listing opportunities to be listed in US stock exchanges will be evaluated.

Following the news, the shares of the HUT 8 are traded at $ 18.44 with a decrease of 0.86 %in pre-marketing transactions.

🧠 EVALUATION: Corpto -to -crying acceleration continues

This move made by American Bitcoin Corp shows that BTC purchases are continuing at the institutional level. Both the direct adoption of Bitcoin and the enlargement of the mining infrastructure reflects long -term crypto confidence.

With the indirect influence of the Trump family, this initiative may be one of the rare examples that unite the political agenda and the financial agenda.