Technology7/31/2025Wired

The Inside Story of Eric Trump’s American Bitcoin

The Inside Story of Eric Trump’s American Bitcoin

The article discusses a new crypto mining company called American Bitcoin, which is leveraging the Trump family name and connections to gain an advantage in the industry. The company is co-founded by Eric Trump, the son of former U.S. President Donald Trump, and several of his associates. American Bitcoin is aiming to capitalize on the growing popularity of cryptocurrencies and blockchain technology by offering mining services to retail and institutional investors. The article highlights the company's attempts to position itself as a legitimate and trustworthy player in the crypto space, despite concerns about potential conflicts of interest and the use of the Trump brand. The company claims to have secured partnerships with various industry players and is touting its expertise in the field. However, the article also raises questions about the company's transparency and the motivations behind its marketing strategies, which appear to heavily emphasize the Trump family's involvement rather than the company's technical capabilities or business model.

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