PANews reported on March 31 that according to the official account of American Bitcoin (@AmericanBTC), American Bitcoin has been officially established. The official will hold a press conference at 20:30 Beijing time on April 1 (8:30 am Eastern Time), where co-founder Eric Trump and the Hut 8 leadership team will discuss the company's vision and strategy.

In addition, American Bitcoin will also host a Twitter Space event at 3:00 am Beijing time on April 2 (3:00 pm EST on April 1) to discuss more details.

Earlier today, it was reported that Hut 8 Mining has partnered with Trump's second son to establish a mining company called American Bitcoin .