American Bitcoin Corp. is a Bitcoin-focused mining venture formed in March 2025 through a merger involving American Data Centers, which is partly owned by Eric Trump and Donald Trump Jr., and is majority-owned by Hut 8 Corp.

Quotes that support claims

American Bitcoin Corp., which is majority owned by Hut 8 Corp. and partly backed by Eric Trump and Donald Trump Jr., will be acquired by Gryphon in an all stock merger transaction, Hut 8 said in a statement.

American Data Center, which was owned by Eric Trump and Donald Trump Jr, merged their firm with American Bitcoin in March. The Trump brothers own 20% of American Bitcoin, while Hut 8 holds the remaining 80%.