Hut 8 contributes ASIC miners for 80% of American Data Centers (renamed American Bitcoin)
Company: Hut 8
The claim, verbatim
Hut 8 contributed the majority of its wholly owned ASIC miners to American Data Centers Inc. in exchange for an 80% interest; on completion the company was renamed and relaunched as American Bitcoin, a majority-owned Hut 8 subsidiary.
Source (primary)
hut-8 8-K exhibit (hut-20250331xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “Hut 8 contributed the majority of its wholly owned ASIC miners to American Data Centers Inc. in exchange for 80% of the company (the “Transaction”). Upon completion of the Transaction, American Data Centers Inc. was renamed and relaunched as American Bitcoin.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms hut-8 8-K exhibit (hut-20250331xex99d1.htm)
Quote: “Hut 8 contributed the majority of its wholly owned ASIC miners to American Data Centers Inc. in exchange for 80% of the company (the “Transaction”). Upon completion of the Transaction, American Data Centers Inc. was renamed and relaunched as American Bitcoin.”