Cameron and Tyler Winklevoss have invested an undisclosed amount of Bitcoin in American Bitcoin Corp., a crypto mining company linked to President Donald Trump's sons. Hut 8 Corp. CEO Asher Genoot announced during an earnings call that the Winklevoss brothers participated in a private placement using Bitcoin rather than cash. American Bitcoin, formed by merging Hut 8's mining assets with Gryphon Digital Mining, plans to go public on the Nasdaq. In addition, the mining firm recently purchased $2 billion in Bitcoin as part of its treasury strategy. This investment occurs amidst rising Bitcoin mining profits since the April 2024 bitcoin halving, where mining rewards were halved. Bitcoin's price surged to a record high of $122,838 in July 2025 but has slightly retreated to approximately $117,453 now, showcasing significant interest in crypto mining ventures. Genoot emphasized the Winklevoss involvement as a notable endorsement for American Bitcoin in the crypto sector.

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