HUT 8 and Eric Trump launch Bitcoin America to set new

The most prominent American bitcoin

• Bitcoin America aims to become the world’s largest and most efficient mines in the strong strategic bitcoin field
• A course to 50+ EH/S in the average of the efficiency of the fleet less than 15 J/th with the aim of becoming publicly listed

Miami, March 31, 2025 (Globe Newswire) -Hut 8 Corp. (NASDAQ | TSX: HUT) (“HUT 8” or “The Company”), a power infrastructure platform that integrates strength, digital infrastructure, and American structure today announced by American computing. Bitcoin focuses on “), a subsidiary of the majority of HUT 8, on the bitcoin mining on an industrial scale and the development of the strategic bitcoin reserves. The US Bitcoin launch follows the strategic contribution to all ASIC 8 miners from HUT 8 to the majority of the majority of the American databases, a company formed by a group of investors including Eric Trump Donald Trump Junior.

To go forward, all the previously reported Bitcoin mining will remain under the HUT 8 account sector under the account category but it works through the American Bitcoin brand. Initially, the results of the American Bitcoin will be unified as part of the company’s financial statements for reporting purposes. HUT 8 will be a partner of the American bitcoin’s infrastructure and exclusive operations through a series of long -term commercial agreements that will generate stable and contracted revenue flows in the HUT 8 digital infrastructure sectors.

Bitcoin America aims to become the largest pure Bitcoin mines in the world while building a strong Bitcoin Strategic Reserve. The deal combines the installed mining operations in HUT 8, the capabilities of effective infrastructure in terms of cost, the disciplined approach to allocating capital and commercial acumen to Eric Trump, capital market experience, and commitment to progress in decentralized financial systems.

“It is a great honor to cooperate with HUT 8, a recognized leader in Bitcoin, with the launch of the American Bitcoin,” said Eric Trump, co -founder of America Bitcoin. “By combining operational excellence that has proven in data in data centers with our joint passion for Peticoin and decentralized financing, we are ready to strengthen our institution and pay great growth in the future.”

“From the beginning, we have supported our condemnation in Bitcoin – personally and through our business. But simply purchasing Bitcoin is only half the story. Its mining on the favorable economy opens a greater chance of growth,” said Donald Trump Junior.

“The launch of the American Bitcoin is a pivotal development in our platform strategy. Low -cost financial clips and the establishment of American Bitcoin as a pure mining platform designed for Exhash, Bitcoin production, and operating cranes,” said Ashir Jenot, CEO of HUT 8.

Main Conditions

• Transaction structure: HUT 8 contributed to the majority of the fully owned ASIC miners of America Centers Inc. In exchange for 80 % of the company (“” transaction “). Upon completion of the transaction, the American Data Centers Inc. And I returned it to the American bitcoin.
• Driving team: The American Bitcoin first driving team will consist of three members: Mike Hu, CEO; Prosak, CEO; Eric Trump, chief strategy official.
• board of directors: Bitcoin America will initially consist of four members: Mike Ho, Asher Genot, Justin Mateen and Michael Broukhim.
• He chooses Commercial agreements: HUT 8 will be the exclusive provider of Asic Collection and managed services to Bitcoin. HUT 8 will also provide the US Bitcoin daily management services through the Joint Services Agreement.

Additional transaction information

The company has made a presentation on its website on its website on its website, with additional treatment. Additional information is available in the 8-K form that the company will submit to the Securities and Stock Exchange Committee.

Group call

The company will host a group call on Tuesday, April 1, 2025, at 8:30 am EST to discuss the transaction. Join direct electronic broadcasting here. Analysts can register here.

Complementary materials and upcoming communications

For important news and information related to the company, including the introductory offers of investors and the timing of future investor conferences, you prefer to visit the investor relations department at the company’s website, https://hut8.com/Investors, and social media accounts, including X and LinkedIn. The company uses its website accounts and social media accounts as basic channels to detect the main information of its investors, some of which may contain material and non -general information.

About a cottage 8

HUT 8 Corp. It is an energy infrastructure platform that integrates energy, digital infrastructure, its account widely to calm the next generation, and intensive energy use such as bitcoin mining and high -performance computing. We follow an approach to power, depends on innovation to develop, market and operate the critical infrastructure that supports penetration techniques today and tomorrow. Our basic system extends to 1020 megawatts of power under management through 15 locations in the United States and Canada: five bitcoin hosting sites, hosting, and managing them in Alberta, New York, Texas, five high -performance computer computing centers in British Colombia and Ontario, four power generation assets in one location, one location other than operating in Alberta. For more information, please visit www.hut8.com We followed on X (previously known as Twitter) on @Hut8corp.

About American data centers

American data centers seek to process the increasing demand for high -performance computing infrastructure by building a strong set of advanced energy and energy centers to be a strategic location in the main markets throughout the United States.

A warning note about information forward

This journalistic statement includes “aspiration information” and “aspecting data” in the meaning of the Canadian securities laws and the laws of the United States, respectively (combined, “aspecting information”). All information, unlike historical facts data, is included in this press statement that addresses the activities, events or developments that HUT expects, expects or may occur in the future, including data related to the goal of the American Bitcoin with the result of revenue to be generated by HUT 8.

Data that contains aspiration information is not historical facts, but it instead represents the administration’s expectations, estimates and expectations on future events based on some material factors and assumptions at a time when the statement was made. Although these phrases are reasonable by HUT 8 as of the date of this press statement, these phrases are subject to known and unknown risks, cracks of certainty, assumptions, and other factors that may cause actual results, the level of activity, performance, or accomplishments that differ materially from those that are expressed or implicit through the aspiration information, including, but not limited to the failure of critical systems ; Geopolitical, social, economic and other events and circumstances; Competition from current and future competitors; Risks related to energy requirements; Spring security threats and violations; Operating risks and risks; Changes in leasing arrangements; Internet -related disorders; Dependence on the main employees; Having a limited operating date; Attracting and keeping customers; Enter new offers or working lines; Speed ​​fluctuations and technologies that are quickly changing; Build new data centers, data center expansions, or data center redevelopment; Expect the requirements of the facility; Strategic alliances or joint projects; International operation and expansion; Failure to grow retail. Purchase of miners reliance on mining gathering service providers from the third party; Understanding in the development and acceptance of the Bitcoin Network; Half Bitcoin events; Competition from other methods of investment in bitcoin; Bitcoin holdings focus. Hedging transactions are possible liquidity restrictions; The legal, organizational, governmental and technological certainty; The physical risks related to climate change; Participate in legal procedures; Trading fluctuations; And other risks described from time to time in the company’s files with the US Securities and Exchange Committee. In particular, see the upcoming annual, semester, and semester reports of the company and other continuous disclosure documents, which are available under the company’s EDGAR file on www.sec.gov and Sedar+ www.sedarplus.ca profile.

Investor relationship 8 HUT 8
Soo Ennis
Ir@hut8.com

HUT 8 Corp. Media relations
media@hut8.com