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Hut 8 Secures $220M Mega-Deal as Trump-Backed Crypto Ventures Double Down on UAE Partnerships

Hut 8 Secures $220M Mega-Deal as Trump-Backed Crypto Ventures Double Down on UAE Partnerships

Author:
decryptCO
Published:
2025-07-01 05:55:09
9
1

Hut 8 Raises $220 Million as Trump-Linked Crypto Projects Forge Deeper Ties With UAE

Bitcoin mining giant Hut 8 just pulled off a $220 million power play—while politically-charged crypto projects make moves in the Gulf.

Follow the money trail...

The UAE emerges as the new crypto diplomacy hotspot, with Trump-linked ventures planting flags in tax-free sand. Meanwhile, institutional investors keep writing checks like they've forgotten 2022 ever happened.

One thing's clear: When politics and blockchain collide, the deals get bigger—and the risk disclosures get longer.

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