The New Standard in Bitcoin Mining

Building the world’s largest, most efficient pure-play miner alongside a robust strategic Bitcoin reserve.

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THE STORY

Formed in partnership with Eric Trump's American Data Centers, American Bitcoin is a majority-owned subsidiary of Hut 8 focused exclusively on industrial-scale Bitcoin mining and strategic Bitcoin reserve development.

READ THE FULL RELEASE

It is a great honor to partner with Hut 8, a recognized leader in the Bitcoin space, as we launch 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.

ERIC TRUMP
THE 
STANDARD
WE SET

American Bitcoin combines Hut 8’s proven mining operations, cost-efficient infrastructure development capabilities, and disciplined approach to capital allocation with Eric Trump’s commercial acumen, capital markets expertise, and commitment to the advancement of decentralized financial systems.

HUT 8

Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing.

AMERICAN DATA CENTERS

American Data Centers seeks to address the growing demand for high-performance computing infrastructure by building a robust portfolio of cutting-edge, energy-efficient data centers to be strategically located in key markets across the United States.

THE TEAM
ERIC TRUMP
Co-founder & Chief Strategy Officer
  • Executive Vice President of the Trump Organization, leading global management and operations including new project acquisition, development, and construction
  • Co-founder of World Liberty Financial and longtime crypto advocate
  • President of Trump Winery
  • Founder of Curetivity (formerly the Eric Trump Foundation); raised more than $50 million for St. Jude Children’s Research Hospital and other causes
MIKE HO
Executive Chairman
& Board Member
  • Chief Strategy Officer of Hut 8
  • Co-founder of US Bitcoin Corp and pioneer of institutional Bitcoin mining
  • Member of Young Presidents Organization
ASHER GENOOT
Board Member
  • Chief Executive Officer of Hut 8
  • Co-founder of US Bitcoin Corp
  • Advisory Council Member, USC Business of Energy Transition Initiative
  • Member of 2024 North America Forbes 30 Under 30 (Energy) and Young Presidents Organization
MATT PRUSAK
Chief Executive Officer
  • Former Chief Executive Officer of Ionic Digital
  • Former Chief Commercial Officer of Hut 8
  • Former Chief Commercial Officer of US Bitcoin Corp
  • Former Consultant at Bain & Company
  • Alumnus of the Stanford Graduate School of Business and Tsinghua University Schwarzman Scholars
Justin Mateen
Board Member
  • Co-founder of Tinder
  • Founder of VC firm JAM Fund
  • Prolific early-stage investor in high-growth startups such as Brex, Curative, Deel, Kalshi, Speak, US Bitcoin Corp, and Whop
  • Listed by Forbes in 2020 as one of the top 10 tech founders of the decade; ranked #1 on Business Insider's list of top 100 US seed investors in 2021 and 2022
Michael Broukhim
Board Member
  • Co-founder and Co-Chief Executive Officer of FabFitFun
  • Partner at Green Meadow Ventures
  • Adjunct Professor at University of Southern California

The transaction creates two focused yet complementary businesses, each purpose-built for its respective mandate. It evolves Hut 8 toward more predictable, financeable, lower-cost-of-capital segments and establishes American Bitcoin as a pure-play mining platform built for exahash growth, Bitcoin production, and operating leverage.

ASHER GENOOT
LEARN MORE

Learn more about the formation of American Bitcoin and the company's vision, strategy, and growth roadmap.

VIEW THE LAUNCH PRESENTATION