Eric Trump Crypto Empire Grows: Hut 8 Partnership Launches ‘American Bitcoin Corp’ — The Next U.S. Mining Powerhouse?

Eric Trump crypto businesses are expanding once again, as he is now looking to enter the Bitcoin mining field. As reports indicate, Donald Trump son is collaborating with Hut 8 now, creating an American Bitcoin Corp. The trump Bitcoin mining company plans to go public soon, possibly becoming one of the biggest in its sector. Eric Trump also had an interview with Bloomberg, during which he explained why he partnered with Hut 8. “It’s exciting to build this in America, and when you look at Hut 8’s data centers, what they’ve built and their capabilities, it made perfect sense to partner with them. They’re pragmatic, fast, and deliver results.”

From Politics to Profits: Trump Family’s Dive into BTC Mining

Donald Trump son also pointed out his reasoning on why a Bitcoin mining business seems logical. He explained that Hut 8 has the capacity to mine BTC for half of its worth. Adding this fact to Bitcoin’s explosive growth and 60% annual value increase, he dubbed this a “dynamite combination”. There was also a recent merger that forecasted this collaboration before. This merger was between American Data Centers Inc. and Hut 8. This is because Eric and Donald Trump Jr were two of the main investors of this company. 

American Bitcoin Rises: Hut 8’s Strategic Merger

The merger stated that American Data Centers would acquire most of Hut 8’s Application-Specific Integrated Circuit miners. In return, Hut 8 will own 80% of the merged company. 20% of ownership is going to American Data Centers Inc., which is renamed as American Bitcoin. Asher Genoot, the CEO of Hut 8, recently posted an X post announcing the first meeting for America Bitcoin. He also commented on this merger and highlighted its benefits. “One that is energy, infrastructure data centers, and the other one that’s Bitcoin, ASICs, and reserves, and together they form a vertically integrated company that has some of the best economics out there,”

First @americanbtc call is in the books. Time to build! pic.twitter.com/zzC6Xz2UeF

— Asher Genoot (@ashergenoot) April 1, 2025

Hut 8’s CEO continued and explained that this merger will give the company’s shareholders the ability to invest in Bitcoin. He argued that most of the shareholders had already invested in BTC and other crypto-related sectors. He thinks that if the shareholders can invest in Bitcoin for half its price, it is logical to build a reserve. Eric Trump crypto involvement keeps expanding, as not long before, he had also been recruited by Metaplanet. This Bitcoin investment firm highlighted his “business expertise and passion for Bitcoin”  and added Eric Trump to its Strategic Advisory board.

Eric Trump’s Pivot to Bitcoin Mining Explained

The new Eric Trump Bitcoin mining seems a logical step for Donald Trump’s son’s career. This is because he has been advocating for crypto-friendly policies for a long time now and is also managing WLFI. Recently, he had also made headlines because of his interview with Fox News, in which he criticised the baking system. “I never thought I’d fall into the world of crypto, until every bank started canceling us for no reason other than my father being in politics. We got canceled by everybody. They came after us viciously,”

Eric Trump Sounds the Alarm: US Risks Falling Behind

Eric Trump has also called for more regulation clarity for crypto, as in his opinion, the US is being left behind. “Everybody in the industry does—I think everybody wants guidelines,” he said. “That’s part of the problem in the crypto industry. It’s always been so murky that people didn’t know what guidelines to follow.”. He also commented on Stablecoins and explained that they could significantly help the economy. Additionally, he gave his projection for the future of the country’s financial system. Based on his prediction, cryptos are here to stay, and in 10 years, the US economy will be majorly changed by them.