Crypto and AI data center firm Hut 8 has acquired a majority stake in the data center company set up by the sons of President ...
Hut 8 envisions American Bitcoin — backed by Eric Trump and Donald Trump Jr. — could go public after it acquired 80% of the ...
The move illustrates the growing involvement of the Trump family in the crypto landscape as the industry moves towards ...
Trump's sons join Hut 8 to launch American Bitcoin Corp, focusing on industrial-scale Bitcoin mining and strategic reserves.
Benchmark analyst Mark Palmer lowered the firm’s price target on Hut 8 (HUT) to $33 from $41 and keeps a Buy rating on the shares after Hut 8 ...
Fast-growing data center and high-performance computing player Hut 8 is carving out its bitcoin mining operation into a subsidiary called American Bitcoin, which will operate under an ...
Hut 8 Corp (NASDAQ:HUT) shares gained 12% on Tuesday, one day after the company and Eric Trump announced plans to launch a pure-play bitcoin mining company named American Bitcoin.
Hut 8 will spin off its pure mining segment as American Bitcoin Corp., in partnership with Eric Trump. The new entity will ...