AsianFin – Hut 8 Mining has teamed up with Eric Trump, the second son of U.S. President Donald Trump, to establish a new company called American Bitcoin. The company aims to set a new standard for Bitcoin mining operations.

As part of the venture, American Data Centers, owned by Donald Trump’s eldest and second sons, will merge with American Bitcoin and retain a 20% stake in the business. American Bitcoin will be a mining operation predominantly controlled by Hut 8 Mining, a publicly listed cryptocurrency mining company.

The partnership aims to create the world’s largest digital currency mining enterprise, with plans to develop its own "Bitcoin reserve" in the near future. This new initiative reflects their ambition to lead the market and reshape the future of Bitcoin mining.