Twin Bitcoin billionaires Cameron and Tyler Winklevoss have put money into a new mining venture with direct ties to the Trump family, according to a Bloomberg report .

The company, American Bitcoin Corp., is linked to Eric Trump and Donald Trump Jr. and was formed earlier this year.

The amount the twins invested was not revealed. However, Hut 8 Corp. CEO Asher Genoot confirmed their contribution was part of a $220 million private placement that closed recently.

The raise, which included both cash and Bitcoin , was described as oversubscribed during Hut 8’s latest earnings call.

The billionaire Winklevoss twins are said to have invested in a new crypto-mining venture tied to another set of high-profile brothers, Eric Trump and Donald Trump Jr. https://t.co/uCofs2eMWl

— Bloomberg (

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