American Bitcoin, a cryptocurrency mining company supported by the Trump family, plans to go public and seek more private financing According to Bloomberg, American Bitcoin Corp, a cryptocurrency mining company jointly established by listed mining company Hut 8 and the Trump family investment group, plans to go public after seeking private equity financing. The joint venture was officially established this week, with investors including the two sons of former US President Trump. Hut 8 CEO Asher Genoot said in an interview, "In the long run, this will form two listed sister companies, one focusing on energy infrastructure and data centers, and the other focusing on Bitcoin mining machines and reserves, together forming a top tier vertically integrated business model Hut 8 has transferred almost all of its mining equipment to the newly established American Bitcoin. Although the new company specializes in Bitcoin mining, Hut 8 will focus on expanding its data center business to support the infrastructure construction of artificial intelligence applications. Eric Trump declared in Tuesday's conference call, 'We will build the world's strongest Bitcoin mining company, right here in the United States.'. Genoot revealed that the new entity will consider introducing private equity investment before going public. It is worth noting that American Bitcoin is collaborating with mining machine manufacturer Bitmain, which will help it acquire the latest mining machine technology and expand its operations in the future with the deployment of new devices. Eric Trump emphasized in an interview, "There is no conflict of interest because I have no working relationship with the White House and have always been in the private sector. Even before my father took office, we founded World Financial Liberty. This is the cryptocurrency business we have long believed in