Investment Considerations
- American Bitcoin offers a differentiated model that integrates self-mining and market accumulation to maximize long-term Bitcoin-per-share growth.
- The company has rapidly scaled its hashrate to ~24 EH/s, leveraging next-generation ASIC infrastructure and energy-efficient deployments.
- Its capital-light strategy reduces operating costs by partnering with Hut 8 for infrastructure, allowing more capital to be allocated toward Bitcoin reserves.
- Leadership includes experienced operators and high-profile figures who bring strategic visibility, financial discipline, and infrastructure access.
- Positioned on the Nasdaq, American Bitcoin provides a U.S.-based, institutional-grade vehicle for exposure to the world’s leading digital asset.
American Bitcoin Corp. (NASDAQ: ABTC) is a Bitcoin accumulation platform launched to offer scalable, institutional-grade exposure to the world’s leading digital asset through a unique dual strategy of self-mining and disciplined market purchases. The company operates as a majority-owned subsidiary of Hut 8 Corp. (NASDAQ: HUT) (TSX: HUT), one of North America’s largest digital asset infrastructure firms, and aims to build America’s Bitcoin infrastructure backbone with capital efficiency and long-term value creation at its core.
American Bitcoin debuted on the Nasdaq in September 2025. The company’s model is built to maximize Bitcoin-per-share growth, leveraging preferential access to next-generation mining technology, low-cost operational scale, and flexible treasury management. Its mission is underpinned by a belief that Bitcoin is the defining asset class of our time, and that the United States must lead the next era of digital asset infrastructure.
As a purpose-built platform with political branding and deep infrastructure ties, American Bitcoin represents a novel category in the U.S. public markets. Through its integrated relationship with Hut 8 and a management team with expertise across mining, markets, and media, the company is positioning itself as the premier Bitcoin vehicle for investors seeking both scale and strategic alignment.
The company is headquartered in Miami, Florida.
Portfolio
American Bitcoin’s operating model combines scaled self-mining with opportunistic accumulation to create a structural cost advantage over pure treasury vehicles. By producing Bitcoin below market price and avoiding forced selling, the company seeks to build reserves over time and optimize long-term shareholder value. This dual strategy allows American Bitcoin to maintain exposure to Bitcoin’s upside while retaining flexibility to navigate volatile markets.
In September 2025, the company announced it had expanded its installed hashrate from approximately 10 EH/s to ~24 EH/s following the deployment of ~16,300 ASIC servers across high-efficiency, liquid-cooled infrastructure. These servers—featuring direct-to-chip cooling and energy densities up to 180 kW per rack—are housed within the Vega data center, a 205 MW facility operated by Hut 8. This partnership allows American Bitcoin to scale without the overhead of building proprietary data centers, reinforcing the company’s capital-light operating advantage.
Market Opportunity
The Bitcoin ecosystem continues to grow in complexity and scale, with U.S.-based mining and accumulation strategies gaining increased institutional attention. According to Grand View Research, the global cryptocurrency market is expected to reach $11.7 billion by 2030, with a CAGR of 13.1%. As traditional financial institutions, sovereign entities, and retail investors deepen their exposure to Bitcoin, the demand for efficient, U.S.-based access vehicles is increasing.
American Bitcoin is targeting this convergence with a differentiated strategy that combines infrastructure, treasury strategy, and public market access. Its ability to accumulate Bitcoin at a structural discount through self-mining, while benefiting from the liquidity and reach of the Nasdaq, gives it an edge over single-path models. In addition, its alignment with the Hut 8 infrastructure platform provides embedded energy access, turnkey deployment capabilities, and shared operational efficiency that few competitors can match.
Leadership Team
Eric Trump, Co-Founder & Chief Strategy Officer, serves as the strategic lead for American Bitcoin, helping define the company’s brand, mission, and long-term vision as it builds a leading U.S.-based Bitcoin accumulation platform.
Mike Ho, Chief Executive Officer & Director, leads the company’s operations and capital strategy, drawing on extensive experience in financial structuring and public markets to scale American Bitcoin’s mining and accumulation model.
Asher Genoot, Executive Chairman, also serves as CEO of Hut 8 Corp., American Bitcoin’s majority shareholder and infrastructure partner. He provides oversight across governance, infrastructure, and long-term strategic planning.
Matt Prusak, President & Interim Chief Financial Officer, oversees internal operations and financial planning. His role is central to executing the dual strategy of self-mining and market accumulation with capital efficiency.
