Hut 8 merged with an American data center reportedly backed by the Trump family to form American Bitcoin, a move that could have far-reaching implications for the cryptocurrency industry. From a policy perspective, Trump has repeatedly expressed support for cryptocurrencies, and the domestic mining industry in the United States may benefit from favorable policies. From a market perspective, this could enhance the regional concentration of Bitcoin's hashing power, intensifying the competitiveness of the U.S. in the global mining market. Does this trend mean that Bitcoin mining will become part of America's energy strategy?