Wu said that according to Bloomberg, American Bitcoin, a cryptocurrency company supported by Eric Trump, son of US President Trump, has raised $220 million to purchase Bitcoin and digital asset mining equipment. The company issued new shares to private investors last Friday, with approximately $10 million of equity sold in Bitcoin instead of US dollars. Hut 8 Corp, the major shareholder of American Bitcoin, plans to push it to the public market through a merger with Gryphon Digital Mining Inc. Hut 8 has previously transferred its mining equipment to American Bitcoin in exchange for 80% equity. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44832