2 Apr 2025
2

✅ Hut 8 partners with Trump-backed firm to launch American Bitcoin

Hut 8 has taken an 80% stake in Trump-backed American Data Centers, rebranding it as the bitcoin mining company "American Bitcoin." The new venture will deploy over 60,000 ASIC machines, with shares rising 6% pre-market despite being down 46% YTD. The partnership marks another crypto move by the Trump family.

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