American Bitcoin Corp
BTC Holdings
215
About American Bitcoin Corp
American Bitcoin Corp., a majority-owned subsidiary of Hut 8, is a U.S.-based company headquartered in Miami, Florida, focused on industrial-scale Bitcoin mining and strategic reserve development. Formed through a partnership with American Data Centers, it leverages Hut 8’s expertise in energy-efficient infrastructure. Its business model emphasizes scalable Bitcoin production and accumulation to create shareholder value. Core operations include managing advanced data centers for mining, utilizing renewable energy sources, and supporting the Bitcoin network’s security through high-performance computing.
The company employs a Bitcoin treasury strategy, retaining mined Bitcoin as a primary reserve asset to diversify its financial portfolio and align with its operational focus. This approach reflects confidence in Bitcoin’s role as a long-term store of value. Beyond treasury management, American Bitcoin pursues a broader digital asset strategy, focusing on optimizing mining infrastructure and exploring blockchain applications to enhance efficiency, positioning itself as a leader in the decentralized finance ecosystem.
Led by Executive Chairman Mike Ho, CEO Matt Prusak, and Chief Strategy Officer Eric Trump, American Bitcoin maintains a strong industry presence through its affiliation with Hut 8 and strategic partnerships in energy and technology. Its leadership drives a vision of sustainable mining and financial innovation, ensuring adaptability in a dynamic market. By integrating green energy with Bitcoin-focused operations, American Bitcoin secures long-term relevance in the evolving digital economy.
Recent Developments
- May 31, 2025: Bitcoin holdings increased by 215.00 BTC to 215 BTC with cost basis of $104K
American Bitcoin Corp — Bitcoin Holdings Over Time
May 31, 2025 - Present
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Balance Sheet History