Hut 8 Teams Up with Eric Trump to Launch American Bitcoin Mining Firm

Hut 8 Corp. has unveiled American Bitcoin Corp., a new entity specializing in large-scale Bitcoin mining and strategic Bitcoin reserve development. This move follows Hut 8’s exchange of most of its ASIC miners for an 80% stake in American Data Centers, Inc., a company backed by Eric Trump and Donald Trump Jr. The entity now operates under the American Bitcoin brand while remaining part of Hut 8’s Compute segment. The partnership will see Hut 8 provide infrastructure and operational expertise to American Bitcoin through long-term agreements, securing substantial revenue streams for Hut 8.