Overview

• The all-stock deal would list the combined company under the American Bitcoin name with ticker ABTC, pending final close and approvals.
• Eric Trump, Donald Trump Jr., and Hut 8 are expected to control about 98% of the public entity after the transaction completes.
• Hut 8 holds an 80% stake, has pivoted toward energy infrastructure and data centers, and will serve as the venture’s infrastructure and operations partner.
• Recent fundraising included roughly $220 million from accredited investors plus about $10 million worth of bitcoin contributed to the treasury.
• The company plans to accumulate bitcoin through mining and purchases and is evaluating stakes in Hong Kong and Japan to broaden investor access.