Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC
American Bitcoin, the Nasdaq-listed mining and treasury firm backed by Eric Trump and Donald Trump Jr., has raised its Bitcoin stash to 4,000 BTC, worth about $415 million, according to a company announcement released Friday. Related Reading: XRP On Fire: Over 21,000 New Wallets Appear In 48 Hours The firm purchased nearly 170 BTC between October 24 and November 5, a haul valued at more than $14 million at current market rates. American Bitcoin Boosts Holdings Eric Trump, listed as co-founder and Chief Strategy Officer, said the company is growing its stock of Bitcoin through a mix of....
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Bitcoin holds its ground as Trump’s tariffs put investors on the back foot and projects like $ETH, $DOGE, and BTC Bull Token, that are directly connected to $BTC’s success, may capitalize on it. Despite the White House’s positive outlook on the crypto market, which culminated with Trump’s Bitcoin Reserve earlier this month, the February 1st, […]
A Denmark-based blockchain company is offering an alternative funding solution that does not involve Mexican pesos or American taxpayer dollars to pay for Trump’s infamous wall. No Pesos, Tax Dollars Required. One of Donald Trump’s most controversial campaign promises of building a wall as a solution to illegal immigration from Mexico could now become a....
Republican presidential nominee Donald J. Trump may have shocked the world after the American people elected him as the 45th U.S. President, but financial service companies now face an uncertain future, according to a report from the American Banker. Just like the Brexit vote back in June, Trump’s surprise victory has left many financial observers unprepared for an outcome that many didn’t think would be possible. However, in 100 days, president-elect Trump will become America’s next president, which means that financial service companies must embrace Trump’s deregulatory views. Not only....
American Bitcoin, a mining company tied to US President Donald Trump’s sons Eric and Donald Trump Jr., wrapped up its first day of trading on the Nasdaq with sharp swings but still managed to finish 16.75% higher at just over $8. After-hours trading pushed the stock up another 6% to $8.50, reports confirmed. Related Reading: XRP Poised For Amazon-Like Boom? Analyst Predicts $200 Rally Wild Price Swings On First Day Trading opened with a rush. The newly rebranded company, formed through a merger with Gryphon Digital Mining (GRYP), jumped as high as $13.21 from Gryphon’s previous close of....
College can be an exciting and monumental time for many people. As the Wizard tells the Scarecrow, “Men enter universities, and when they come out, they think deep thoughts.” While this statement still holds true today, many of those thoughts focus new technologies and ideas. Until now, it wasn’t uncommon to run into students majoring in subjects such as psychology, communications, or even nursing. So many degrees to choose from, but if none of them fit your fancy, what can you do? Well, why not try Bitcoin? While a major in the subject isn’t being offered just yet, Bitcoin and digital....