The post American Bitcoin: Hut 8 and Trump Family’s New Venture Set to Go Public in Bitcoin Mining Revolution appeared on BitcoinEthereumNews.com.

COINOTAG reported on April 2nd that **American Bitcoin**, a pioneering venture in **bitcoin mining**, has emerged from a collaboration between **Hut 8** and **American Data Centers**, a firm spearheaded by the Trump family. The enterprise is setting its sights on a public listing and is considering private placements to bolster its capital structure. In a recent interview with Bloomberg TV, **Asher Genoot**, CEO of Hut 8, articulated the vision to cultivate a dual-public company structure, wherein one entity will concentrate on **energy, data centers**, and infrastructure, while the other will hone in on the **cryptocurrency** sector and bitcoin mining operations. Notably, on March 31st, Hut 8 secured an 80% stake in American Data Centers, which has since been rebranded to American Bitcoin, focusing on autonomous bitcoin mining and the formation of strategic reserves. This initiative is being led by **Donald Trump Jr.** and **Eric Trump**, emphasizing the synergy between traditional infrastructure and emerging **crypto markets**. Source: https://en.coinotag.com/breakingnews/american-bitcoin-hut-8-and-trump-familys-new-venture-set-to-go-public-in-bitcoin-mining-revolution/

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Filed under: News - @ April 2, 2025 1:24 am