Eric Trump and Donald Trump Jr. have officially entered the Bitcoin mining industry, teaming up with Hut 8 to launch ‘American Bitcoin’ — a new mining company aiming to become the world’s largest and most efficient Bitcoin mining operation.
The announcement, released on March 31, follows a strategic merger between American Data Centers and American Bitcoin, which will now operate as a majority-owned subsidiary of Hut 8. Through this transaction, American Data Centers takes a 20% stake in American Bitcoin, while Hut 8 retains 80% ownership.
American Data Centers (ADC) is an AI infrastructure-focused company established by Dominari Holdings in collaboration with the two Trump sons. They are also part of Dominari Holdings’ advisory board.
American Bitcoin is setting an aggressive growth target, with plans to scale beyond 50 EH/s while achieving fleet efficiency of less than 15 J/TH. The company is also laying the groundwork for building a strategic Bitcoin reserve, a move that signals long-term confidence in the digital asset.
“It is a great honor to partner with Hut 8, a recognized leader in the Bitcoin space, as we launch American Bitcoin,” said Eric Trump, co-founder of American Bitcoin. “By combining Hut 8’s proven operational excellence in data centers with our shared passion for Bitcoin and decentralized finance, we are poised to strengthen our foundation and drive significant future growth.”
Donald Trump Jr. added:
“From the start, we’ve backed our conviction in Bitcoin—personally and through our businesses. But simply buying Bitcoin is only half the story. Mining it on favorable economics opens an even bigger opportunity. We’re excited to bring investors into that equation through a platform engineered to execute on this thesis and deliver real, tangible participation in Bitcoin’s growth.”
“The launch of American Bitcoin marks a pivotal evolution in our platform strategy,” said Asher Genoot, CEO of Hut 8. “By carving out our mining business into a standalone entity, which will raise its own capital, we align each segment of the business with its respective cost of capital.”
The new company’s leadership team will include Mike Ho as Executive Chairman, Matt Prusak as Chief Executive Officer, and Eric Trump as Chief Strategy Officer. The Board of Directors will consist of Mike Ho, Asher Genoot, Justin Mateen, and Michael Broukhim.
Hut 8 will serve as American Bitcoin’s exclusive infrastructure and operations partner through long-term commercial agreements, providing ASIC colocation services, managed services, and day-to-day management through a shared services agreement.
how can i get generic clomiphene price cost of cheap clomiphene without a prescription cost of clomid for men buy generic clomiphene price where to buy cheap clomid without prescription where buy cheap clomiphene without dr prescription clomiphene tablets uses in urdu
I am in truth enchant‚e ‘ to glitter at this blog posts which consists of tons of worthwhile facts, thanks object of providing such data.
Greetings! Very serviceable par‘nesis within this article! It’s the crumb changes which choice espy the largest changes. Thanks a quantity in the direction of sharing!
order zithromax 500mg generic – order ciplox 500 mg for sale flagyl drug
order semaglutide 14mg – cheap semaglutide 14 mg buy periactin for sale
oral motilium 10mg – buy tetracycline 500mg pill cyclobenzaprine sale
inderal online buy – clopidogrel pills methotrexate 5mg uk
amoxicillin oral – order combivent sale ipratropium oral
order azithromycin 250mg for sale – buy tindamax 500mg pills order bystolic 5mg online
buy amoxiclav generic – atbioinfo.com buy generic acillin for sale
order esomeprazole 40mg capsules – nexiumtous purchase esomeprazole pills
warfarin 5mg usa – anticoagulant where to buy cozaar without a prescription
buy meloxicam for sale – relieve pain buy meloxicam 7.5mg for sale
order generic prednisone 10mg – allergic reactions order prednisone generic
erectile dysfunction pills over the counter – fastedtotake.com ed pills online
buy amoxil pill – comba moxi purchase amoxil pills
buy forcan online – https://gpdifluca.com/ buy fluconazole generic
cenforce for sale – cenforcers.com how to buy cenforce
cialis is for daily use – tadalafil citrate powder tadalafil liquid fda approval date
order zantac 300mg for sale – https://aranitidine.com/# order ranitidine 300mg online
erectile dysfunction tadalafil – https://strongtadafl.com/ how much does cialis cost per pill
Thanks an eye to sharing. It’s acme quality. online
buy viagra real – click generic viagra 50 mg
The sagacity in this tune is exceptional. https://buyfastonl.com/isotretinoin.html
I am in point of fact delighted to coup d’oeil at this blog posts which consists of tons of of use facts, thanks object of providing such data. https://ursxdol.com/doxycycline-antibiotic/