Winklevoss Twins Bet Big on American Bitcoin: Trump Sons’ Mining Venture Gains Momentum in 2025

• What’s the Buzz About the Winklevoss Twins’ Investment?
• American Bitcoin’s Road to the Nasdaq
• Why This Matters for Crypto
• FAQs: Your Burning Questions Answered

The Winklevoss twins, Cameron and Tyler, have made a significant investment in American Bitcoin, a mining company backed by Eric Trump and Donald Trump Jr. This move solidifies their influence in the crypto space and hints at deeper ties between the Gemini founders and the Trump family. American Bitcoin, launched in March 2025, is poised for a Nasdaq listing via a merger with Gryphon Digital Mining. With ambitions to become a major U.S. mining player, the company’s growth trajectory is one to watch. Here’s everything you need to know.

What’s the Buzz About the Winklevoss Twins’ Investment?

The Winklevoss brothers, known for founding Gemini (a U.S.-based crypto exchange gearing up for an IPO), are doubling down on their crypto empire. Their latest play? A hefty investment in American Bitcoin, the mining venture led by Eric Trump and Donald Trump Jr. While the exact amount hasn’t been disclosed, insiders describe it as "a substantial chunk" of the $220 million raised by the Trump-affiliated company earlier this year. Asher Genoot, CEO of Hut 8 (American Bitcoin’s majority stakeholder), called the funding round "oversubscribed"—a clear sign of investor confidence.

This isn’t just about money, though. The Winklevosses have been cozying up to D.C. lately. They attended a WHITE House crypto summit in March 2025 and were front-row for the signing of the GENIUS Act, a stablecoin bill championed by the current administration. Coincidence? Maybe not. In my experience, when crypto heavyweights and politics mix, it’s usually a prelude to bigger moves.

American Bitcoin’s Road to the Nasdaq

Launched in March 2025, American bitcoin is a joint effort between Hut 8 and a Trump-linked entity. Eric Trump serves as its Chief Strategy Officer, and the company’s model is straightforward: mine Bitcoin where electricity is cheap (and ideally green). Their goal? Hundreds of petahashes per second—enough to make them a top-tier U.S. miner.

But here’s the kicker: American Bitcoin is going public via a stock merger with Gryphon Digital Mining, already listed on Nasdaq. Shareholders are voting now, and the deal should wrap up by Q3 2025. The new entity will keep the American Bitcoin name and ticker (ABTC), with current holders owning ~98% of the combined company. Talk about a power move.

Why This Matters for Crypto

Let’s connect the dots. The Winklevosses aren’t just throwing cash at random projects. Their bet on American Bitcoin signals two things: (1) institutional mining is heating up, and (2) political alliances in crypto are becoming strategic. Remember when TRUMP signed that executive order banning "debanking" of crypto firms? Yeah, that wasn’t random either.

From a market perspective, Hut 8’s involvement adds credibility. They’re one of the few publicly traded miners with a solid track record. Combine that with the Trump brand’s… let’s call it "polarizing magnetism," and you’ve got a recipe for headlines. Whether that translates to long-term success? Well, as the BTCC team noted in a recent analysis, "Mining is a capital-intensive game. Surviving the next bear market will be the real test."

FAQs: Your Burning Questions Answered

How much did the Winklevoss twins invest in American Bitcoin?

The exact figure isn’t public, but it’s described as a "major portion" of American Bitcoin’s $220 million funding round.

When will American Bitcoin list on Nasdaq?

The merger with Gryphon Digital Mining is expected to finalize by late Q3 2025, pending shareholder approval.

What’s Eric Trump’s role in the company?

He’s the Chief Strategy Officer—a title that suggests he’s more than just a figurehead.