Hut 8 Corp. and Affiliates File Schedule 13D for American Bitcoin Corp.

Hut 8 Corp., U.S. Data Mining Group, Inc., and American Bitcoin Holdings LLC (collectively, the 'Reporting Persons') have filed a Schedule 13D with the SEC regarding their ownership of American Bitcoin Corp. (the 'Issuer'). The filing discloses that the Reporting Persons acquired 585,779,924 shares of Class B Common Stock, representing approximately 80% of the total voting power of the Issuer, following a merger transaction. The Reporting Persons intend to take an active role in the management and operations of the Issuer, including potential strategic changes such as mergers, acquisitions, or changes in management. The filing also includes details on the Investors' Rights Agreement and amendments thereto, which govern the rights and obligations of the parties involved.