#AmericanBitcoinLaunch

American Bitcoin Corp., a new venture focused on industrial-scale Bitcoin mining and strategic reserve development, was launched on March 31, 2025. This initiative is a majority-owned subsidiary of Hut 8, a publicly listed Bitcoin mining firm, and involves a group of investors including Eric and Donald Trump Jr.

Hut 8 contributed the majority of its ASIC miners to American Data Centers Inc., which was subsequently renamed American Bitcoin. In exchange, Hut 8 holds an 80% stake in the new company. American Bitcoin aims to become the world's largest and most efficient pure-play Bitcoin miner, leveraging Hut 8's infrastructure and operational expertise.

Donald Trump Jr. stated that while holding Bitcoin is valuable, mining it under favorable conditions presents a greater growth opportunity. The venture signifies a notable expansion of the Trump family's involvement in the cryptocurrency sector.