Hut8 Mining Bets Big on Trump-Linked WLFI with $25M Investment
Hut8 Mining, a prominent crypto mining firm, has acquired a significant long-term treasury position in World Liberty Financial (WLFI), a blockchain venture linked to the Trump family. The acquisition, valued at $25 million, signals institutional confidence in WLFI's long-term potential.
Hut8 purchased 100 million WLFI tokens directly from the project's treasury at $0.25 per token, a 25% premium above the current market rate. The acquisition did not involve new asset issuance, preventing supply dilution. This move by Hut8, a major player in the crypto mining space, indicates the maturation of crypto as a multi-asset class, with professional miners diversifying beyond Bitcoin.
WLFI, representing a new phase of crypto's evolution, is driven by tangible value, transparent auditing, and cross-market convergence. It plans to tokenize high-value physical assets, starting with properties from the Trump family's global real estate portfolio, to democratize access to these markets. Additionally, WLFI is preparing to launch a USD1 stablecoin for settling tokenized commodity transactions and connecting with DeFi liquidity pools. Meanwhile, MAGACOIN FINANCE, another politically-themed token, is gaining attention for its credibility, audits, and potential as a long-term investment. WLFI is also set to launch a debit card in early 2026, allowing users to spend crypto and tokenized assets directly.
Hut8's investment in WLFI, valued at $25 million, underscores institutional conviction in WLFI's long-term potential, similar to early Bitcoin accumulation by firms like Tesla or MicroStrategy. As WLFI continues to innovate with tokenized assets and stablecoins, and MAGACOIN FINANCE gains traction, the crypto landscape continues to evolve, attracting both institutional and retail investors.
