The right team and the right time
“We’ve thought about splitting out our Bitcoin mining and energy infrastructure businesses for some time,” Genoot said. “Meeting Eric and Don Jr., and seeing their deep passion for Bitcoin and infrastructure, was the perfect catalyst.”
According to Genoot, the goal is clear: to build one of the world’s largest and most efficient Bitcoin mining platforms, rooted in American soil and aligned with pro-Bitcoin sentiment growing under President Donald Trump’s administration. “Eric told me, ‘I don’t want to get involved in anything that isn’t the biggest and the best,’” he said.
The move comes at a pivotal moment for US-based mining. With China out of the picture post-2021 crackdown, and Washington now openly exploring the idea of a strategic Bitcoin reserve, America’s place in the global mining ecosystem is under transformation.
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