4.7
EH/s
31.7
J/TH
9,110
83
17.7
80%
1,322
Description
American Bitcoin Corp. is a strategic platform for Bitcoin asset accumulation and digital infrastructure headquartered in Miami, Florida with industrial-scale mining operations in the US and Canada. The Company, backed by Hut 8, focuses on low-cost cryptocurrency production alongside the systematic accumulation of a corporate Bitcoin reserve.
1101 Brickell Avenue
N-1500
Miami, FL 33131
United States
647 256 1992
Sector(s): Financial Services
Industry: Capital Markets
Full Time Employees: 02
Executive Chairman
Appointed CEO in February 2024, Asher Genoot previously served as President and Director of Hut 8 since November 2023. Before joining Hut 8, he was Co-Founder and President of U.S. Data Mining Group, Inc. dba US Bitcoin Corp, a venture-backed private bitcoin mining company with a 730 MW portfolio across data centers in Texas, Nebraska, and New York as of December 2022. Mr. Genoot is a member of Young Presidents Organization and the 2024 Forbes 30 Under 30 – Energy.
Asher began his career in Shanghai, China, where he founded, scaled, and exited two successful EdTech startups, the Ivy Crest Institute of International Education and Curio Education. In China, Asher developed a passion for building high-performing organizations. In 2019, he returned to the US to apply this passion as Managing Director of Flagship Endeavors, a consumer brands incubator. In 2020, Asher co-founded US Bitcoin Corp, starting as Chief Operating Officer then serving as President and Director.
Asher graduated summa cum laude from the University of Southern California at age 19 with a Bachelor in Business Administration. He is a member of Young Presidents Organization (YPO) and fluent in English, Mandarin, Hebrew, and Shanghainese.
Chief Executive Officer & Director
With more than a decade of experience conceiving and building high-growth businesses in nascent markets, Mike drives Hut 8’s strategic vision and technology roadmap.
Prior to Hut 8, Mike co-founded and served as Chief Executive Officer and Board Chair of US Bitcoin Corp. A trailblazer of digital asset mining, Mike first began mining digital assets in 2014. In 2017, he began designing, building, and selling turnkey mining facilities to emerging institutional customers that are today among the largest public miners in the world.
Mike is an accomplished entrepreneur with deep experience in strategic M&A, transformation, partnerships, structured financing, and international trade.
Co-founder & Chief Strategy Officer
With a proven track record of building and managing successful ventures across real estate, hospitality, and brand development, Eric brings strategic leadership and operational excellence to ABTC Corp.
Prior to co-founding ABTC Corp., Eric served as Executive Vice President of The Trump Organization, where he oversaw global real estate development and asset management. His focus on innovation and efficiency has guided major projects across multiple sectors, helping expand the company’s international footprint.
Eric is an experienced entrepreneur and philanthropist with deep expertise in corporate strategy, business development, and operational transformation.
Niagara Falls (Alpha)
947 MWOrla (Mining Site)
947 MWMedicine Hat (Beta)
947 MW
August 3, 2026, Bitfarms Ltd.
August 3, 2026, Bitfarms Ltd.
July 10, 2026, Bitfarms Ltd.
July 1, 2026, Bitfarms Ltd.
May 6, 2026, Bitfarms Ltd.
May 6, 2026, Bitfarms Ltd.
April 22, 2026, Bitfarms Ltd.
April 17, 2026, Bitfarms Ltd.
March 3, 2026, Bitfarms Ltd.
February 26, 2026, Bitfarms Ltd.
February 26, 2026, Bitfarms Ltd.
February 5, 2026, Bitfarms Ltd.
December 16, 2025 , Bitfarms Ltd.
December 10, 2025 , Bitfarms Ltd.
December 2, 2025 , Bitfarms Ltd.
November 18, 2025, Hut 8 Corp.
November 18, 2025, Hut 8 Corp.
November 18, 2025, Hut 8 Corp.
November 14, 2025, Hut 8 Corp.
November 14, 2025, Hut 8 Corp.
November 7, 2025, Hut 8 Corp.
November 7, 2025, Hut 8 Corp.
October 30, 2025, Hut 8 Corp.
October 27, 2025, Hut 8 Corp.
September 31, 2025, Hut 8 Corp.
September 26, 2025, Hut 8 Corp.
September 25, 2025, Hut 8 Corp.
September 18, 2025, Hut 8 Corp.
September 17, 2025, Hut 8 Corp.
September 16, 2025, Hut 8 Corp.
September 4, 2025, Hut 8 Corp.
September 3, 2025, Hut 8 Corp.
August 6, 2025, Hut 8 Corp.
July 31, 2025, Hut 8 Corp.
July 1, 2025, Hut 8 Corp.
May 12, 2025, Hut 8 Corp.
May 12, 2025, Hut 8 Corp.
March 31, 2025, Hut 8 Corp.
We unpack ABTC’s first earnings as a public company and why Satoshis per share, not vanity exahash, guides every choice. Matt Prusek lays out a lean mining model, disciplined treasury playbook, and an ecosystem push aimed at durable, post-halving economics.
Matt Prusik, President of American Bitcoin, and Asher Janute, Chairman of ABTC, discuss their company's unique approach as a pure-play Bitcoin accumulator focused on increasing Bitcoin per share for shareholders.
We track a rough Bitcoin slide, then focus on how miners are hedging the cycle by building power, signing HPC contracts, and turning HODL into working capital. Earnings and production updates from MARA, CleanSpark, Riot, and HUT 8 show the pivot from pure hash to diversified compute.
Trade news flips risk sentiment as we break down how a China–US thaw, Mag 7 capex, and a Bitcoin bounce ripple through mining stocks. We dig into ABTC’s treasury buy, Hive’s exahash surge and AI buildout, and Core Scientific’s HPC pivot, deal math, and the upcoming vote.
The Bitcoin mining industry is experiencing a significant transformation as companies diversify into high-performance computing and AI infrastructure, searching for sustainable growth and predictable revenue streams.
Bitcoin mining sees major developments with ABTC beginning NASDAQ trading while Hive Digital surpasses 18 exahash and both CleanSpark and Riot release strong August production results.