As reported by @TheBlock__, an American Bitcoin mining firm backed by former President Donald Trump has acquired its first $23 million worth of Bitcoin. This acquisition marks a significant milestone for the company, which aims to expand its presence in the cryptocurrency market. The purchase was made on June 10, 2025, and reflects the firm's commitment to increasing its Bitcoin holdings. The involvement of Trump adds a notable political dimension to the firm's operations, potentially influencing its strategic direction and public perception.
Trump-Backed Bitcoin Mining Firm Acquires $23M in BTC
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