📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Trump-Backed American Bitcoin Raises $220 Million to Buy BTC and Mining Gear
American Bitcoin, a crypto venture backed by Eric Trump, has raised $220 million from private investors to purchase bitcoin and mining equipment, with plans to go public via a merger with Gryphon Digital Mining.
Crypto Firm American Bitcoin Goes Big With New Raise Amid Plans for Public Listing
A crypto venture connected to the Trump family has raised $220 million to expand its digital asset mining operations, according to a recent regulatory filing. American Bitcoin, whose backers include Eric Trump, issued new shares to private investors last week, approximately $10 million of which were reportedly sold in exchange for bitcoin.
The company is majority-owned by Hut 8 Corp., one of North America’s largest crypto mining firms, which contributed its mining equipment in return for an 80% stake. American Bitcoin plans to go public through a merger with Gryphon Digital Mining Inc., marking another move to bring bitcoin mining into the traditional public markets.
This effort is part of a broader wave of Trump-affiliated ventures tapping into crypto enthusiasm. Both Eric Trump and Donald Trump Jr. have recently supported blockchain initiatives, as their father signals ambitions to position the U.S. as a global crypto leader.
The capital raised will fund both bitcoin purchases and mining infrastructure, underscoring American Bitcoin’s intent to scale aggressively amid a renewed bull market. While Hut 8 is also pursuing separate expansion into Dubai, its role in American Bitcoin reflects a growing trend of using established traditional systems to drive crypto growth.