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American Bitcoin plans to build a corporate bitcoin reserve, setting it apart from other mining companies by integrating mining and long-term digital asset holding.
Hut 8 is a publicly traded crypto infrastructure company that owns 11 data centers and specializes in low-cost, large-scale bitcoin mining.
Eric Trump and Donald Trump Jr. launched a U.S.-based bitcoin mining company called American Bitcoin through a strategic partnership with Hut 8.
American Bitcoin was formed through a no-cash merger between American Data Centers and Hut 8’s mining assets, with Hut 8 contributing 61,000 machines and retaining 80% ownership. The Trump brothers hold a 20% stake, while Hut 8 maintains operational control via commercial agreements.
Hut 8 CEO Asher Genoot stated that American Bitcoin’s competitiveness would be driven by access to low-cost energy and efficient data center infrastructure.
Eric Trump described bitcoin as a digital hard asset and emphasized that American Bitcoin aligns with the Trump family’s values in tangible asset investment.
American Bitcoin’s board of directors includes Hut 8 executives and tech investors; Asher Genoot, Mike Ho, Justin Mateen, and Michael Broukhim

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