CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-07-01 15:00:27

Trump Family-Linked Bitcoin Miner Heads to Dubai

Hut 8, a mining company linked to the Trump family, has registered a new office in Dubai’s International Financial Centre The company has close ties with American Bitcoin Corp., co-founded by Donald Trump Jr. and Eric Trump, with Hut 8 owning 80% and the Trump family holding 20% Last year, the crypto investments in the UAE reached $30 billion Hut 8, a major North American Bitcoin mining company linked to the Trump family, has registered a new office in Dubai’s International Financial Centre (DIFC), focusing on digital asset trading and treasury operations. The company’s goal is to improve capital management, liquidity, and flexibility. As the CEO Asher Genoot noted, this expansion “will enhance the precision and efficiency of Hut 8’s capital strategy” . Lately, Dubai and the UAE in general have been a hotspot for crypto expansion. The city offers zero corporate taxes in free zones and a business-friendly regulatory approach, significantly contributing to its status as a global crypto and financial hub. Hut 8’s Connections Hut 8 has close ties with American Bitcoin Corp., co-founded by Donald Trump Jr and Eric Trump, with Hut�… The post Trump Family-Linked Bitcoin Miner Heads to Dubai appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.