#AmericanBitcoinLaunch

What is the American Bitcoin Launch

American Bitcoin, a new cryptocurrency venture, officially launched on March 31, 2025. This launch represents a significant development in the Bitcoin mining industry, with several key features:

1. It is a majority-owned subsidiary of Hut 8 Corp., focusing on industrial-scale Bitcoin mining and strategic Bitcoin reserve development.

2. The venture was formed through a strategic partnership between Hut 8 and a group of investors, including Eric Trump and Donald Trump Jr.

3. American Bitcoin aims to become the world's largest and most efficient pure-play Bitcoin miner, with a goal to reach over 50 EH/s at an average fleet efficiency of less than 15 J/TH.

4. The company plans to eventually become publicly listed.

5. Hut 8 will serve as American Bitcoin's exclusive infrastructure and operations partner, generating stable revenue streams for Hut 8's Power and Digital Infrastructure segments.

The leadership team includes Mike Ho as Executive Chairman, Matt Prusak as CEO, and Eric Trump as Chief Strategy Officer. This launch marks a significant step in the evolution of Bitcoin mining operations in the United States, combining Hut 8's operational expertise with new strategic partnerships.