Hut 8

Trump Family Backed American Bitcoin To Go Public via Merger With Gryphon Digital

American Bitcoin, Hut 8’s majority-owned unit backed by the Trump family, will go public via a merger with Gryphon Digital Mining (GRYP). Shares of Hut 8 Corp. (HUT) jumped 12% in pre-market trading, while Gryphon Digital Mining (GRYP) soared more …

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Bitcoin Miner Hut 8 Could Look to Acquire a Hyperscaler, Clear Street Says

Hut 8’s (HUT) new subsidiary, American Bitcoin Corp., a partnership between the mining company and the Trump family, could be spun out, allowing the company to focus on veri center hosting, broker Clear Street said in a report Monday. The broker …

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Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure

The bitcoin miner held over 10,000 bitcoin at the end of last year.

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