American Bitcoin, a US Bitcoin mining company backed by the Trump family, plans to go public

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According to Bloomberg, ChainCatcher reports that American Bitcoin, a cryptocurrency mining enterprise established this week by Hut 8 and an investor group including former U.S. President Trump's son, plans to seek a public listing.

Hut 8 CEO Asher Genoot stated in a Bloomberg TV interview on Tuesday that the company will also seek additional private funding. He mentioned that in the long term, this will form two public companies: one focused on energy, infrastructure, and data centers, and another focused on Bit, mining machines, and reserves. These two companies will together form a vertically integrated enterprise with excellent economic benefits.

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