Hut 8 Corp. Launches Subsidiary American Bitcoin on Nasdaq to Drive Bitcoin Accumulation

Reuters
Sep 03
<a href="https://laohu8.com/S/HUT">Hut 8</a> Corp. Launches Subsidiary American Bitcoin on Nasdaq to Drive Bitcoin Accumulation

Hut 8 Corp., a prominent player in the cryptocurrency mining industry, has launched American Bitcoin, a majority-owned subsidiary. American Bitcoin is positioned to set the standard in Bitcoin accumulation through a combination of Bitcoin mining, strategic market purchases, and the support of Hut 8's energy and digital infrastructure. The subsidiary aims to maximize Bitcoin per share with a singular focus on efficient Bitcoin accumulation. Leveraging Hut 8's infrastructure, American Bitcoin benefits from cost efficiencies and advanced technology without significant capital investment in proprietary data centers. Additionally, the company now trades on Nasdaq under the ticker symbol "ABTC" following a merger with Gryphon Digital Mining, Inc., offering institutional-grade exposure to Bitcoin through its integrated mining and accumulation strategies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hut 8 Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY64203) on September 03, 2025, and is solely responsible for the information contained therein.

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