Winklevoss twins expand Trump family ties with Bitcoin mining deal

The brothers invested an undisclosed amount in American Bitcoin, the mining company co-founded by two of Trump’s sons and others.

Cameron and Tyler Winklevoss, the co-founders of cryptocurrency exchange Gemini, have reportedly invested in American Bitcoin, the mining company tied to the US President Donald Trump’s family. 

According to a Thursday Bloomberg report citing Hut 8 CEO Asher Genoot, the Winklevoss twins invested an unknown amount in American Bitcoin, the mining company co-founded by Donald Trump Jr., Eric Trump, and others. The company said in May that it was planning to go public through a merger with Gryphon Digital Mining.

The reported investment was the latest connection between the Gemini co-founders and the the Trump family, including a $2-million contribution to Trump’s 2024 campaign, attending inauguration events, and participating in a March White House crypto summit.

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