![[american btc logo.svg]] Company website: https://www.americanbitcoin.com/ ### Introduction **American BTC**, a Bitcoin mining company focused on large-scale operations and treasury building, was founded on March 31, 2025, as a joint venture between [[Hut 8]] Corp. and Eric Trump. Headquartered in Miami, Florida, aligning with Hut 8's base and the Trump family's presence in the state, the company's mission is to set a new standard in Bitcoin mining by building the world's largest, most efficient pure-play Bitcoin miner while establishing a robust strategic Bitcoin reserve. Key focus areas include scaling mining hashrate to over 50 EH/s with high efficiency, leveraging energy infrastructure for grid stability, and pursuing a go-public strategy to enhance capital access and growth in the digital asset sector. As a subsidiary of Hut 8 with significant Trump family involvement, American BTC aims to capitalize on policy shifts favoring cryptocurrency, positioning itself as a leader in Bitcoin adoption and energy-efficient mining amid rising institutional interest. ### Key Products and Technology - **Bitcoin Mining Operations**: Large-scale mining infrastructure starting with 10 EH/s contributed by Hut 8, targeting expansion to 50+ EH/s at an average fleet efficiency of under 15 J/TH. Features include advanced ASIC hardware, energy optimization for low-cost operations, and integration with power assets for sustainability; applications focus on securing the Bitcoin network and building a substantial BTC treasury reserve. - **Energy Infrastructure and Optimization**: Utilizes Hut 8's power assets and data centers for mining, with capabilities for grid-balancing and demand-response programs. Technologies emphasize efficient energy use in mining facilities; applications support scalable compute for Bitcoin production while contributing to energy sector stability. - **Bitcoin Treasury Management**: Strategic accumulation of Bitcoin holdings as a core asset, drawing from corporate treasury models like MicroStrategy. Features non-dilutive growth strategies; applications enhance long-term value through BTC reserves amid market volatility. ### Team and Leadership - **Eric Trump, Co-founder and Chief Strategy Officer**: Leads strategic vision and partnerships; son of former President Donald Trump, with a background in business development and real estate through the Trump Organization; focuses on scaling mining operations and policy advocacy for crypto. [@erictrump](https://x.com/erictrump). - **Donald Trump Jr., Executive and Stockholder**: Involved in oversight and promotion; experienced in business and media, contributing to the company's public profile and investor relations. - **Asher Genoot, Operational Leadership (via Hut 8)**: Hut 8 CEO providing operational support; expertise in energy infrastructure and Bitcoin mining scaling. Information on additional team members is limited in available sources. ### Recent News and Developments (2025) | Date | Event | Details | |------------|--------------------------------|-------------------------------------------------------------------------| | May 15, 2025 | Eric Trump Speaks at Consensus 2025 | Discussed vision for digital assets and American BTC's role in mining innovation, highlighting 10 EH/s initial hashrate from Hut 8. | | May 13, 2025 | Public Listing Expands Energy Foothold | Go-public merger advances, expanding Trump family's stake in U.S. electricity and energy policy through mining operations. | | May 12, 2025 | Announces Go-Public Merger with Gryphon | Entered definitive merger agreement with Gryphon Digital Mining (NASDAQ: GRYP); American BTC stockholders, including Eric Trump and Donald Trump Jr., to own ~98% of combined company; enhances capital access for growth. | | April 7, 2025 | YouTube Discussion with Hut 8 CEO | Eric Trump and Asher Genoot outlined partnership details, mining standards, and future plans in a video interview. | | April 1, 2025 | Launch Conference Call Transcript Released | Eric Trump detailed the company's vision, emphasizing efficiency and reserve building. | | March 31, 2025 | Official Launch Announcement | Hut 8 and Eric Trump launched American BTC, aiming for 50+ EH/s and a public listing. | ### Partnerships and Collaborations - **[[Hut 8|Hut 8 Corp]].**: Joint venture partner contributing majority infrastructure (10 EH/s initial hashrate) and operational expertise; Hut 8 retains ~80% ownership post-merger, providing energy assets and management. - **[[Gryphon Digital Mining]]**: Merger partner for go-public transaction announced May 12, 2025; combines operations to enhance scale and public market presence. Information on additional partnerships is limited, with emphasis on Hut 8's energy and mining ecosystem. ### Closing Note As a [[Hut 8]] subsidiary going public via merger with [[Gryphon Digital Mining]], American BTC is in an early growth stage, with a promising outlook for achieving 50+ EH/s hashrate and building a significant Bitcoin reserve amid favorable U.S. crypto policies. *Report generated July 28, 2025*