Winklevoss Twins Back Trump-Affiliated Bitcoin Miner
Cameron and Tyler Winklevoss have invested Bitcoin into American Bitcoin Corp., a mining company connected to Eric Trump and Donald Trump Jr. The news came out during an investor call with Hut 8 CEO Asher Genoot, confirming the twins participated in a recent funding round through a private placement.
American Bitcoin Formed Through Asset Merger
The company was created earlier this year after Hut 8 merged its infrastructure with a separate entity linked to the Trump family. The result was a new firm built from the combined mining operations and set up with plans to go public. It has quickly become one of the more closely watched players in the space, especially with the new financial and political ties now out in the open.
The Winklevoss twins just bet on Trump-linked Bitcoin mining.
Here’s what’s happening:
& invest in American Bitcoin Corp
Trump’s sons are part-owners
Going public via Gryphon merger
Trump fam + Hut 8 will own 98%
— Satoshi Talks (@Satoshi_Talks)
Miner Optimism Meets a Well-Timed Investment
The twins chose an interesting time to step in. Bitcoin mining stocks have been on a tear lately, posting bigger gains than Bitcoin itself. Post-halving economics, energy costs, and rising interest in self-custodied reserves have all helped improve the outlook. The twins didn’t just pick a side, they put capital into a sector that has been quietly regaining momentum.
DISCOVER:
The Trump Connection Adds More Than Drama
Thisisn’t the first time the Winklevoss twins have aligned with Trump-affiliated efforts. They’ve previously donated to pro-Trump political groups and have been active in policy conversations around crypto regulation. This investment puts them even closer to that circle and signals a shared interest in promoting the domestic mining narrative that has gained traction in political circles.
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$2 Billion Bitcoin Treasury Sets the Stage
American Bitcoin Corp. is not operating on a small scale. The company recently acquired around $2 billion worth of Bitcoin for its own reserves, setting itself up as one of the largest public holders of the asset. It also plans to list on Nasdaq, which would make it one of the few mining companies to go public with both a large treasury and visible political backing.
Political Capital Meets Digital Assets
There’s a growing overlap between political power and crypto infrastructure. With this move, the Winklevoss twins have tied themselves even more directly to one side of the U.S. political map. Whether that pays off depends on more than just market conditions. It also raises questions about how political influence might shape mining policy, tax treatment, and federal oversight going forward.
DISCOVER:
What Comes Next for the Company
American Bitcoin Corp. now faces the challenge of converting this momentum into performance. The market will be watching its listing, treasury strategy, and investor updates closely. There’s also a broader question about how this alliance might affect the role of Bitcoin in the 2024 election cycle and beyond.
The Winklevoss investment adds a layer of complexity to what was already a high-profile mining company. With Bitcoin, politics, and power now sharing the same boardroom, the crypto space has another storyline worth following.
DISCOVER:
Key Takeaways
The Winklevoss twins invested Bitcoin into American Bitcoin Corp., a mining company with links to Donald Trump Jr. and Eric Trump.
American Bitcoin Corp. was formed through a merger involving Hut 8 and Trump-affiliated mining infrastructure, with plans to go public.
The twins’ investment comes as Bitcoin mining stocks outperform the asset itself, signaling renewed confidence in the sector.
This move deepens the Winklevoss-Trump connection and aligns with political narratives around domestic mining and crypto policy.
American Bitcoin Corp. holds around $2 billion in Bitcoin and is preparing a Nasdaq listing, placing it among the largest public BTC holders.
