Hut 8 and Eric Trump form new Bitcoin mining company | 2025-03-31 | Investing News

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  • Bitcoin miner and high-performance computing provider Hut 8 (TSX:HUT) is launching a new Bitcoin mining company alongside a group of investors that includes Donald Trump Jr. and Eric Trump, the latter to serve as co-founder and chief strategy officer
  • The company, know American Bitcoin, aims to grow into the world’s largest Bitcoin miner while accumulating a strategic reserve
  • Hut 8’s platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada
  • Hut 8 stock has added 15.87 per cent year-over-year and 353.60 per cent since 2020

Bitcoin miner and high-performance computing provider Hut 8 (TSX:HUT) is launching a new Bitcoin mining company alongside a group of investors that includes Donald Trump Jr. and Eric Trump, the latter to serve as co-founder and chief strategy officer.

Hut 8 will receive 80 per cent of the company, going…

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