American Bitcoin launch via American Data Centers majority interest
Company: Hut 8
The claim, verbatim
Hut 8 contributed substantially all of its ASIC miners to American Data Centers, Inc. in exchange for a majority interest; the company was renamed and relaunched as American Bitcoin, a majority-owned pure-play Bitcoin mining subsidiary.
Source (primary)
hut-8 8-K exhibit (hut-20250508xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗
Quote: “Launched American Bitcoin, a pure-play Bitcoin miner, following the strategic contribution of substantially all of Hut 8's ASIC miners to and in exchange for a majority interest in American Data Centers, Inc.”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The release describes the contribution, the majority interest, the renaming, and calls American Bitcoin a majority-owned subsidiary and pure-play Bitcoin miner.
Confirmed in the source:
- Hut 8 contributed substantially all of its ASIC miners to American Data Centers, Inc.
- The contribution was in exchange for a majority interest in American Data Centers, Inc.
- American Data Centers was renamed and relaunched as American Bitcoin
- American Bitcoin is a majority-owned subsidiary of Hut 8
- American Bitcoin is a pure-play Bitcoin miner
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000155837025006847/hut-20250508xex99d1.htm) in full (21,174 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms hut-8 8-K exhibit (hut-20250508xex99d1.htm)
Quote: “Launched American Bitcoin, a pure-play Bitcoin miner, following the strategic contribution of substantially all of Hut 8's ASIC miners to and in exchange for a majority interest in American Data Centers, Inc.”