American Bitcoin formed; Hut 8 holds 80%
Company: Hut 8
The claim, verbatim
Hut 8 launched American Bitcoin as a majority-owned subsidiary, with Hut 8 holding 80% and existing shareholders of American Data Centers holding 20%. Its financials are initially consolidated within Hut 8's reporting.
Source (primary)
hut-8 8-K exhibit (hut-20250331xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “American Bitcoin launched as a majority-owned subsidiary of Hut 8 with financials initially consolidated within our existing reporting structure”
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-20250331xex99d2.htm)
Quote: “American Bitcoin launched as a majority-owned subsidiary of Hut 8 with financials initially consolidated within our existing reporting structure”