<ul><li>Hut 8 forms a strategic partnership with Eric Trump and Donald Trump Jr. to establish American Bitcoin, a new mining subsidiary.</li><li>Hut 8 will contribute its BTC ASICs in exchange for an 80% equity stake in the new venture.</li><li>Eric Trump will serve as the co-founder and chief strategy officer, and Matt Prusak will be the CEO.</li><li>President Donald Trump's shift in stance towards Bitcoin is reflected in the Trump family's involvement in various crypto initiatives.</li></ul>

American Bitcoin Emerges As Trump Family’s Latest Crypto Investment

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