#AmericanBitcoinLaunch
American Bitcoin
Launch of American Bitcoin. Recently, the United States has witnessed several prominent initiatives related to Bitcoin and digital currencies, including:
1. Launch of American Bitcoin Corp:
• Hut 8, a company specializing in blockchain technologies and cryptocurrency mining, announced the launch of a new subsidiary named “American Bitcoin Corp”. This company was established after Hut 8 acquired a majority stake in American Data Centers Inc, which was co-founded by Eric Trump and Donald Trump Jr. This new entity aims to focus exclusively on Bitcoin mining and the development of strategic reserves for the digital currency, with Eric Trump serving as Chief Strategy Officer.
2. Launch of a strategic reserve for cryptocurrencies:
• U.S. Secretary of Commerce, Howard Lutnick, announced that the United States will unveil its plans to launch a strategic reserve for cryptocurrencies, with a particular focus on Bitcoin. This announcement comes as part of the government's efforts to strengthen its control over the digital currency sector and reduce reliance on foreign mining.
