Hut 8 completed the acquisition of an 80% stake in American Bitcoin in exchange for ASIC miners.

Hut 8, a US-based cryptocurrency mining company, completed the acquisition of an 80% stake in American Bitcoin, from Dominari, a financial services holding company, in exchange for ASIC miners. "It is a great honor to partner with Hut 8, a recognized leader in the Bitcoin space, as we launch American Bitcoin. By combining Hut 8’s proven operational excellence in data centers with our shared passion for Bitcoin and decentralized finance, we are poised to strengthen our foundation and drive significant future growth," Eric Trump, American Bitcoin Co-Founder.