Dominari subsidiary American Data Centers becomes American Bitcoin in deal with Hut 8; Dominari retains minority stake

Dominari Holdings Inc.

Hut 8 contributed substantially all of its ASIC miners to ADC in exchange for 80% equity; ADC renamed American Bitcoin.
Dominari holds a minority interest in American Bitcoin, backed by over $100M of revenue-producing mining machines operated by Hut 8.
Eric Trump is Co-Founder and Chief Strategy Officer of American Bitcoin; Dominari Board of Advisors led negotiations.
Dominari plans to distribute value from American Bitcoin to shareholders via dividends, using Dominari Securities for structuring.
Transaction closed March 31, 2025; American Bitcoin aims to become world's largest pure-play bitcoin miner.

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