### Eric Trump's American Bitcoin Corp. Secures Major Funding to Expand Operations Eric Trump's American Bitcoin Corp. has successfully raised **$220 million** to enhance its Bitcoin holdings and expand its mining operations. This funding round is significant as it positions the company for a potential public listing on Nasdaq. The investment is backed by Eric Trump and his brother Donald Jr., who are both involved in the venture, indicating a strong family commitment to the cryptocurrency sector. The funds will be utilized not only for Bitcoin accumulation but also for acquiring mining equipment and bolstering the company's treasury [https://btctimes.com/eric-trumps-american-bitcoin-corp-secures-220-million-to-expand-bitcoin-holdings][https://fortune.com/crypto/2025/07/01/american-bitcoin-president-donald-trump-hut-8-220-million]. ### Breakdown of American Bitcoin Corp.'s Funding and Future Plans 1. **Funding Overview** - American Bitcoin Corp. raised **$220 million** in a private funding round. - The investment includes **$10 million** paid in Bitcoin at a rate of **$104,000 per BTC** [https://www.coindesk.com/markets/2025/07/01/american-bitcoin-backed-by-eric-and-donald-trump-jr-pulls-in-220m-to-accumulate-btc]. 2. **Operational Expansion** - The funds will be directed towards expanding Bitcoin mining operations. - The company plans to acquire new mining equipment to enhance its operational capacity [https://www.fxstreet.com/cryptocurrencies/news/trump-linked-american-bitcoin-raises-220m-for-mining-treasury-202507010727]. 3. **Public Listing Plans** - American Bitcoin Corp. is preparing for a public debut, potentially through a merger with Hut 8, a crypto mining firm [https://www.thestreet.com/crypto/innovation/trump-linked-firm-american-bitcoin-raises-220m-plans-for-ipo]. - This move is part of a broader strategy to solidify its presence in the cryptocurrency market [https://www.cryptotimes.io/2025/07/01/trump-linked-crypto-firm-raises-220m-for-btc-mining]. ### Key Data Points Supporting American Bitcoin Corp.'s Growth - **Total Funds Raised**: **$220 million** - **Bitcoin Investment**: **$10 million** in Bitcoin - **BTC Rate**: **$104,000** per Bitcoin - **New Shares Issued**: Approximately **11 million** new shares [https://crypto-economy.com/trump-linked-bitcoin-firm-raises-220m-for-massive-mining-expansion]. ### Conclusion: American Bitcoin Corp. Poised for Growth in the Crypto Market In summary, American Bitcoin Corp. has successfully secured **$220 million** to expand its Bitcoin mining operations and treasury, with plans for a public listing on Nasdaq. The involvement of Eric and Donald Trump Jr. underscores the family's commitment to the cryptocurrency sector. The strategic allocation of funds towards mining equipment and Bitcoin accumulation positions the company favorably for future growth. 1. **Funding Success**: $220 million raised, including $10 million in Bitcoin. 2. **Operational Expansion**: Focus on acquiring mining equipment and enhancing operations. 3. **Public Listing**: Plans for a Nasdaq debut through a merger with Hut 8. This comprehensive strategy indicates a robust future for American Bitcoin Corp. in the evolving cryptocurrency landscape [https://coincentral.com/trump-sons-bitcoin-company-raises-220m-in-crypto-funded-deal][https://www.techjuice.pk/trump-linked-crypto-firm-raises-220m-to-mine-bitcoin/amp].