Trump’s sons join forces with Hut 8 to build ‘American Bitcoin’ — a Bitcoin mining powerhouse!

Eric and Donald Trump Jr. are teaming up with Hut 8, a Canadian digital asset mining company, to launch American Bitcoin Corp, a new Bitcoin mining entity .

This strategic partnership aims to create the world's largest and most efficient Bitcoin mining operation.

American Bitcoin Corp will be a publicly listed company, with Hut 8 retaining 80% ownership and American Data Centers, a company founded by the Trump sons, holding 20% .

The new company will focus on scaling mining operations, targeting over 50 EH/s and a fleet efficiency below 15 J/TH.

The Trump brothers believe that investing in mining provides a more direct stake in the network's expansion and success compared to just owning Bitcoin. As Donald Trump Jr. stated, "Mining it on favorable economics opens an even bigger opportunity" .

Hut 8's CEO, Asher Genoot, sees this partnership as a strategic move to optimize financing and enable both companies to focus on their core competencies . With American Bitcoin Corp, Hut 8 will serve as the exclusive infrastructure and operations partner through long-term commercial agreements.#TrumpTariffs