TechFlow, April 2 — According to Bloomberg, American Bitcoin, a cryptocurrency mining company formed by Hut 8 and an investor group including U.S. President Trump’s son, announced plans to pursue a public listing.
Asher Genoot, CEO of Hut 8, said in a Tuesday interview on Bloomberg Television that the company also aims to raise additional private funding. He noted that in the long term, this would result in two publicly traded companies: one focused on energy, infrastructure, and data centers, and the other on bitcoin, mining equipment, and reserves. Together, the two entities would form a vertically integrated business with strong economic efficiency.
March 31 news: Hut 8 and Donald Trump’s son Eric Trump announced the launch of the bitcoin mining company American Bitcoin.
