MULLS Crypto Mining Venture Mulls-Report-Tradingview News

I have an American bitcoin corp. And a mining process supported by the Trump family, plans to raise additional capital, including through an initial public offer (IPO), according to a report issued by Bloomberg on April 1.

On March 31, HUT 8 – Pitcoin is publicly circulated btcusd MINER – I acquired the majority share in the American Bitcoin (previous American data centers), which is among its founders, Donald Trump Junior and Eric Trump.

After announcing the deal, HUT 8 transferred Bitcoin mining equipment to the newly created entity, which has not yet been circulated.

While Bitcoin America will focus on encryption mining, HUT 8 plans to target the data center infrastructure for use cases such as high -performance computing. Ashir Genot, CEO of HUT 8, said in a statement that the deal “is developing a cottage 8 towards more fundamental, financing and lowest parts of capitalism.”

“So you can see this in the long run as my sister’s sister was circulated publicly,” Genot told Bloomberg. “One is the energy, infrastructure data centers and the other that is Bitcoin, AISCS and reserves and together form a vertical company that has some of the best economy there.”

According to Bloomberg, American Bitcoin works with Bitmain, a Chinese bitcoin mining supplier. Bitmain faced the American intelligence black list.

Axis for new business lines

Bitcoin miners are increasingly working towards alternative business lines, such as serving artificial intelligence models, after reducing the “half” of Bitcoin into mining revenues.

Halvings occurs every four years and cut in half of the BTC naughty number for each block.

Coin Metrics said in a March report that miners “are varied in hosting the AI ​​Data Data Center as a way to expand revenues and re -fill the current high -performance computing infrastructure.”

The decrease in cryptocurrency decreased in a greater number of bitcoin miners in 2025, according to a report issued by JPMorgan.