Mining is once again a town story thanks to Trump’s family and Mara, a major Bitcoin mining company. Two of Donald Trump’s sons, Eric and Donald Jr., are trying to mine Bitcoin with an American Bitcoin venture, but Mara has announced plans to raise $2 billion to increase BTC Holdings.
Marathon Digital Holdings (Mara) is the world’s largest Bitcoin mining company, also due to its market capitalization ($4.3 billion) and the amount of Bitcoin held (46,374 BTC).
just: 
@hut8corp We are launching American Bitcoin, a new subsidiary focusing on industrial-scale Bitcoin mining. The move aims to achieve EH/S efficiency of over 50 and involves partnering with Eric Trump. @hut8corp It is a major infrastructure partner and integrates finances under its brand. pic.twitter.com/bm2zon34n4
– Bitcoin mining stock (@miningStockinfo) March 31, 2025
The Trump Brothers merge with Mining Company Shed 8 to create “American Bitcoin”
Eric Trump and Donald Trump Jr. are integrating American data centers into a new mining venture called American Bitcoin. The brothers acquire a 20% stake in the company, and Hut 8 owns the remaining 80%.
Hut 8 is a Canada-based crypto infrastructure company. The company will donate roughly 61,000 mining machines to the new American Bitcoin venture. According to an original report from the Wall Street Journal, cash remains the same in this transaction.
Eric Trump assumes the role of America’s Chief Strategy Officer for Bitcoin, describing the initiative as focusing on family hard assets that compare digital currency to real estate. He emphasized that it could even build a “Bitcoin Reserve” and promote the company.
Currently, American Bitcoin is completely different from President Trump and his own crypto venture. However, future collaborations could be a president-supported Defi project and a collaboration with World Liberty Financial (WLFI), which is also involved in Eric and Don Jr.
Hut 8 hosts mining operations in 11 data centers in the US. CEO Asher Genoot said low energy costs and scalable infrastructure make American Bitcoin more competitive than other markets.
The board includes Tinder co-founder Justin Mateen and Fabfitfun co-founder Michael Broukhim. Despite criticism of the environmental impact of Bitcoin mining, Eric Trump believes that reducing US energy costs will help American miners surpass their global competitors.
Exploration: Top Solanamime Coins to buy in March 2025
Mara announces $2 billion in stock to buy more Bitcoin
Destruction: Public mining giant Mara sells $2 billion worth of stock to buy more #bitcoin
I’ll go here 
pic.twitter.com/ttab70uceg
– Bitcoin Historian (@pete_rizzo_) March 29, 2025
Major Bitcoin Minor Mara Holdings is moving on to everything with BTC again. This time it features a $2 billion war chest offering stock prices. The agreement allows Mara to “occasionally” sell up to $2 billion worth of shares.
For each official communication, revenue is for “general corporate purposes including Bitcoin acquisitions and working capital.”
Mara is the largest publicly traded Bitcoin mining company with a market capitalization of $4.31 billion. The company completed its prospectus with Form 8-K and filed it with the US Securities and Exchange Commission (SEC) and entered into market (ATM) agreements with major financial companies such as Barclays Capital, BMO Capital Markets, BTIG and Canter Fitzgerald.
This latest stock product underscores Mara’s intention to double its financial strategy, which rapidly gains popularity among companies. With the announcement that GameStop has announced a $1.3 billion convertible note plan to buy BTC and the continued stacking of Bitcoin in Japan’s Metaplanet, it appears that Mara wants to maintain its position as the second corporate Bitcoin holder.
It will take a lot of time to become the number one Michael Saylor Software Company Strategy (formerly Micro Strategy) holds. Over the past few years, the strategy has been caught up in an aggressive Bitcoin accumulation.
With each Coingecko, the strategy is currently leading all public companies by a considerable distance, with 506,137 BTC on the balance sheet. Mara is second, at 46,374 BTC, worth just over $3.8 billion at its current price. The riot platform dates back third with the “only” 18,692 BTC.
(Coinecko)
Discovered: 20+ Next Cryptocurrency Exploding in 2025
For the latest market updates, please join us in the discrepancy in 99bitcoins news here
Bitcoin Mining has returned to the news with Trump’s brothers’ latest venture and Mala Holdings buying $2 billion in BTC
Donald Trump Jr. and Eric Trump have integrated American data centers with Bitcoin Minor Hat 8 to create American Bitcoin
Trump Brothers Hold 20% stake in American Bitcoin, and Hut 8 Holds the remaining 80%
Bitcoin in America aims to become a global leader in the Bitcoin mining space
Mara Holdings, the world’s largest Bitcoin miner, has announced a $2 billion stock option salary increase in revenue used to acquire BTC
Mala Holdings is second only to Michael Saylor’s strategy as Bitcoin’s biggest corporate holder
Post Bitcoin mining is back in the news. The Trump family first appeared in the “American Bitcoin” mining venture with 99 Bitcoin.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
