#TrumpTariffs It was Canada’s biggest bitcoin miner. Now it’s betting big on the Trumps

Tucked away on a side stage at a crypto conference in downtown Toronto, a young man in a dark suit—no tie, and apparently no socks—took to the microphone to explain why what was once Canada’s most prominent bitcoin miner had decided to team up with the Trumps.

Earlier that afternoon, Eric Trump and Asher Genoot, CEO of Hut 8, had delivered a main-stage talk featuring plenty of superlatives to a standing-room-only crowd. American Bitcoin, a company born of a merger between the Canadian-founded company and Trump’s firm American Data Centers, would become the world’s biggest, best and fastest-moving bitcoin miner, they said, at times drawing cheers.