Trump Jr. & Eric Plot Bitcoin Mining Empire 🚀

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In a move that would make their father proud, Eric Trump and Donald Trump Jr. have embarked on a quest to conquer the digital realm of Bitcoin mining. Following Hut 8’s clever ploy to swap its ASIC miners for an 80% stake in American Data Centers, Inc., the latter has been reborn as American Bitcoin. With the Trump brothers at the helm, the future of Bitcoin mining is about to get a lot more interesting—or should we say, Trump-teresting? 😏

American Bitcoin dreams of becoming the mining behemoth, a colossus among dwarves in the Bitcoin universe. Eric Trump, donning the hat of Chief Strategy Officer, boasts of this union as a leap towards a shared utopia where Bitcoin reigns supreme.

Donald Trump Jr., ever the optimist, sees the bright side of Bitcoin mining, declaring, “Buying Bitcoin is child’s play. Mining it with economic finesse? Now that’s the real game.” 🎩

Unleashing Growth Through Separate Entity

Hut 8 CEO Asher Genoot has spun a tale of two entities, each dancing to its own financial tune. Hut 8 will stick to its infrastructure guns, while American Bitcoin will mine away, amassing a trove of digital gold. 🛡️💰

The brain trust at American Bitcoin includes the likes of Mike Ho, Matt Prusak, and the aforementioned Eric Trump. The Board of Directors is a who’s who of industry bigwigs, including Asher Genoot, Justin Mateen, and Michael Broukhim. Hut 8 will play nanny to American Bitcoin’s ASIC miners, ensuring they’re well-fed and cozy in their new home.

With this rebranding shuffle, Hut 8’s mining ops will don the American Bitcoin banner, all while cozying up in Hut 8’s Compute segment. Long-term agreements are on the table, promising a steady stream of revenue for both parties. 🤝💸

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2025-03-31 14:55