Crypto

Trump family-backed American Bitcoin plans IPO via two-company integration model

2025/04/02CoinPost
Written by Lewis Kikutani
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Trump family-backed American Bitcoin plans IPO via two-company integration model

Announcement of listing plans

Bloomberg reported that American Bitcoin, a joint venture between Florida-based bitcoin miner Hut 8 and American Data Centers, a data infrastructure company led by the Trump family, is planning an initial public offering (IPO). The new company was established on March 31, with Hut 8 holding 80% of the shares and American Data Centers holding the remaining 20%.

In an interview with Bloomberg TV on the 2nd, Hut 8 CEO Asher Genuto said that his long-term vision is to...

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Iolite Vol.13

Iolite Vol.13

May 2025 issueReleased on 2025/03/28

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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.