Hut 8 and Trump’s Sons Launch American Bitcoin Corp
- American Bitcoin Corp is a new Bitcoin mining entity launched by Hut 8 and Trump’s sons.
- The company aims to achieve over 50 EH/s in mining capacity.
- American Bitcoin will be publicly listed, with Hut 8 holding an 80% stake and American Data Centers holding a 20% stake.
- The leadership team includes Mike Ho as Executive Chairman, Matt Prusak as CEO, and Eric Trump as Chief Strategy Officer.
- Hut 8 will provide infrastructure and operations support through long-term agreements.
American Bitcoin Corp, backed by Hut 8 and Trump’s sons, aims for significant growth in the Bitcoin mining industry with a target of over 50 EH/s. The company will operate as a publicly listed entity with strategic ownership stakes held by Hut 8 and American Data Centers.
Source (2.6)https://cryptobriefing.com/american-bitcoin-corp-mining-powerhouse/?rand=59535
