Hut 8 Mining Corp has partnered with Eric and Donald Trump Jr. to establish American Bitcoin Corp, a rebranded mining operation focused on industrial-scale Bitcoin mining. The company, formerly known as American Data Centers, has acquired Hut 8’s ASIC mining facilities, signaling a push for U.S.-based Bitcoin mining dominance.
American Bitcoin aims to become the largest pure-play Bitcoin miner, with a projected efficiency of 50+ EH/s. Hut 8 holds an 80% ownership stake, while the Trump family retains 20%. The company’s leadership includes Mike Ho as Executive Chairman, Matt Prusak as CEO, and Eric Trump as Chief Strategy Officer.
The partnership reflects the Trump family’s growing involvement in crypto and decentralized finance (DeFi). Eric Trump emphasized the strategic importance of Bitcoin mining, citing its role in financial sovereignty and economic independence. Donald Trump Jr. echoed similar sentiments, highlighting the long-term investment potential of Bitcoin mining.
American Bitcoin will leverage Hut 8’s infrastructure, ensuring stable revenue streams through long-term commercial agreements. The company’s launch comes amid record-high Bitcoin mining activity, with corporate miners expanding operations despite market volatility. The move positions American Bitcoin as a key player in the U.S. mining sector, competing with established firms like Marathon Digital and Riot Platforms
Shogun Lin
