<ul><li>Hut 8 Corp. has launched American Bitcoin Corp, a majority-owned subsidiary for industrial-scale Bitcoin mining and reserve development.</li><li>Hut 8 contributed nearly all of its ASIC miners to American Data Centers, Inc. in exchange for a majority stake, rebranding the company as American Bitcoin.</li><li>American Bitcoin Corp will handle all Bitcoin mining operations previously under Hut 8's Compute segment, with results being consolidated into Hut 8's financial reports.</li><li>The Trump family, including Eric Trump and Donald Trump Jr., is backing American Bitcoin, with a focus on becoming the largest Bitcoin miner globally and creating a strategic Bitcoin reserve.</li></ul>

Hut 8 Transfers ASIC Miners to Launch American Bitcoin with Trump Family Backing

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