The
#AmericanBitcoinLunch is a groundbreaking initiative that marks the entry of American Bitcoin, a new venture in the Bitcoin mining sector, into the market. This project is a collaboration between Hut 8, a renowned Bitcoin mining company, and Eric Trump.¹
American Bitcoin aims to focus on industrial-scale Bitcoin mining and the development of strategic Bitcoin reserves. The company's objective is to become a leading and efficient Bitcoin miner, with Hut 8 serving as its exclusive infrastructure and operations partner.
Notably, American Bitcoin will be led by Eric Trump as a co-founder and chief strategy officer, with Matt Prusak serving as the CEO. The company's launch event was scheduled for April 1, 2025, at 20:30 UTC+8, where the team would discuss their vision and strategy.
This development has sparked significant interest in the market, with some experts viewing it as a bold move to reshape the U.S. crypto mining landscape. However, others have raised concerns about potential conflict of interest issues, given the Trump family's involvement in the project.