American Bitcoin Corp., the crypto mining venture announced this week between Hut 8 Corp. and an investor group that includes two sons of US President Donald Trump, plans to eventually go public as well as to seek additional private capital.

While shifting its ASICs to American Bitcoin, Hut 8 will continue to push into hosting as well as GPU-as-a-Service contracts. Hut 8 went public in 2018, and has seen its share price rise by 5 percent on the Trump news - although shares are still down 39 percent year-to-date.

H ut 8, a publicly traded Bitcoin mining company, announced Monday morning that it was partnering with President Donald Trump’s sons, Eric Trump and Donald Trump Jr., to launch