怀俄明州承诺自己的“稳定令牌”，使美国成为BTC矿业的“世界之都”

3月31日，Block Reward Mining Outfit Hut 8（NASDAQ：HUT）宣布启动American Bitcoin Corp（ABC），“ Hut 8的多数子公司专门集中于工业规模的比特币挖掘和战略性比特币储备开发。”

President Donald Trump's family is leaving no stone unturned in their quest to get rich(er) off digital assets, but is there a limit to how much naked grifting America will stand from its first family?

总统唐纳德·特朗普（Donald Trump）的家人毫不犹豫地追求富人（ER），但赤裸裸地将美国靠在第一个家庭中会有多少限制？

On March 31, mining outfit Hut 8 (NASDAQ:HUT) announced the launch of American Bitcoin Corp (ABC), “a majority-owned subsidiary of Hut 8 focused exclusively on industrial-scale Bitcoin mining and strategic Bitcoin reserve development.”

3月31日，采矿服装小屋8（NASDAQ：HUT）宣布启动American Bitcoin Corp（ABC），“ Hut 8的多数股权子公司专门针对工业规模的比特币挖掘和战略比特币储备开发。”

Hut 8 will contribute “substantially all” of its ASIC miners to ABC in exchange for an 80% stake in America Data Centers—a shell company established just last month by President Trump's sons, Eric and Don Jr.—that will rebrand as ABC. Eric has been named ABC's chief strategy officer.

小屋8将为ABC贡献其ASIC矿工的“基本上”，以换取在美国数据中心的80％股权，这是一家由特朗普总统的儿子埃里克（Eric）和唐（Don Jr.）建立的壳牌公司。埃里克（Eric）被任命为ABC的首席战略官。

Hut 8, which started its pivot to AI high-performance computing operations last year, will serve as ABC's “exclusive infrastructure and operations partner through a series of long-term commercial agreements that will generate stable, contracted revenue streams in Hut 8's Power and Digital Infrastructure segments.”

HUT 8去年开始了AI高性能计算运营的枢纽，该运营将通过一系列长期的长期商业协议作为ABC的“独家基础设施和运营合作伙伴，这些协议将在HUT 8的Power and Digital Infrantructure sepgments中产生稳定，合同的收入来源。”

As for what the Trumps are bringing to this table (besides their dad's name) for their 20% stake in ABC, we're led to believe that “Eric Trump's commercial acumen, capital markets expertise, and commitment to the advancement of decentralized financial systems” is worth the price of admission. (Since this news broke on March 31, we're assuming it's not an April Fool's prank.)

至于特朗普在ABC中获得20％的股份（除了父亲的名字之外）所带来的桌子，我们认为“埃里克·特朗普的商业敏锐度，资本市场的专业知识以及对分散金融体系的发展的承诺”是值得的。 （自3月31日这个消息传出以来，我们假设这不是四月的恶作剧。）

Hut 8 CEO Asher Genoot said carving out the mining business into a standalone entity “creates two focused yet complementary businesses, each purpose-built for its respective mandate.” Plus, now one of those businesses is effectively backed by the president of the United States, who has publicly pledged to do whatever it takes to make America the BTC mining 'capital of the world.' (Nobody tells Trump that one of Hut 8/ABC's “initial colocation sites” is based in Alberta, Canada.)

Hut 8首席执行官Asher Genoot说，将采矿业务划分为独立的实体“创建了两个专注但互补的业务，每个企业都为其各自的授权而设计。”另外，现在，其中一家企业得到了美国总统的有效支持，美国总统已公开承诺采取任何措施使美国成为BTC采矿“世界之都”。 （没有人告诉特朗普，HUT 8/ABC的“初始托管网站”之一位于加拿大艾伯塔省。）

Not everyone is as impressed as Hut 8's management seems to be with the deal. Matthew Sigel, head of digital asset research at investment manager Van Eck, tweeted that Hut 8 was “selling 61,000 miners in exchange for an 80% stake in a subsidiary that they previously owned 100% of.” It's almost as if Hut 8 believes benefits might be derived from offering lucrative freebies to very powerful people. Huh.

并非每个人都像Hut 8的管理层一样印象深刻。投资经理Van Eck的数字资产研究负责人Matthew Sigel在推特上说，Hut 8是“出售61,000名矿工，以换取他们以前拥有100％的子公司的80％的股份。”这几乎好像Hut 8认为从向非常有力的人提供有利可图的免费赠品可能会带来好处。嗯。

As for ABC's plans for BTC 'reserve development,' Hut 8 already held some 10,237 BTC in its existing reserve at the end of February. Trump has announced plans to establish a national Strategic Bitcoin Reserve that will ensure no more BTC already in the government's possession is sold, while also exploring 'budget neutral' ways to add additional BTC to the reserve. ABC's execs insist their reserve plans are unrelated to those of the federal government.

至于ABC的BTC“储备开发计划”，HUT 8在2月底已经在其现有储备金中持有约10,237 BTC。特朗普宣布了计划建立国家战略比特币储备的计划，该预备将不再出售政府拥有的BTC，同时还探索了“预算中性”的方法，以将额外的BTC添加到该储备中。 ABC的高管坚持认为他们的储备计划与联邦政府的预备计划无关。

Bloomberg quoted Hut 8's Genoot saying ABC's plan was to raise additional private capital before seeking an initial public offering. Despite the announcement claiming that ABC would be a “pure-play Bitcoin miner,” Genoot said the long term goal was to have “two sister publicly traded companies” under a single vertically integrated umbrella.

彭博（Bloomberg）引用了Hut 8的Genoot，他说，ABC的计划是在寻求首次公开募股之前筹集额外的私人资本。尽管宣布ABC将是“纯比特币矿工”，但Genoot表示，长期目标是将“两家姐妹公开交易的公司”置于一个垂直整合的雨伞之下。

World Liberty Financial now a pure Trump play

世界自由金融现在是纯粹的特朗普戏剧

Eric Trump told the Wall Street Journal that, while ABC will remain separate from the Trump Organization (which Eric leads), the Trump-controlled decentralized finance (DeFi) project World Liberty Financial (WLF) might collaborate with ABC in some unexplained fashion at some unspecified point.

埃里克·特朗普（Eric Trump）告诉《华尔街日报》（Wall Street Journal），尽管美国广播公司（ABC）将与特朗普组织分开（埃里克（Eric）领导），但特朗普控制的分散融资（DEFI）项目世界自由金融（WLF）可能会以某种无法解释的方式与ABC合作。

Speaking of WLF, Reuters reported on a little-noticed revision to WLF's fine print, revealing that “DT Marks DEFI LLC, an entity affiliated with Donald J. Trump and certain of his family members, own approximately 60% of the equity interests in WLF Holdco LLC.” Said Holdco “holds all of the rights to net protocol revenues from the WLF protocol (other than net proceeds from the sale of $WLFI tokens).”

说到WLF，路透社报道了WLF的精美印刷品进行了一些众所周知的修订，并表明“ DT Marks Defi LLC是唐纳德·J·特朗普（Donald J. Holdco说，“持有WLF协议净额收入的所有权利（除出售$ WLFI代币以外的净收益外）。”

The change means that once WLF actually launches any of the many projects it claims are in the works, the Trumps will get a 60% cut of revenue generated from WLF's operations. That's in addition to the 75% of revenue derived from sales of WLF's governance token WLFI, total sales of which currently stand at $550 million.

更改意味着，一旦WLF实际启动了所声称的许多项目中的任何一个，那么特朗普将获得WLF运营产生的60％的收入。这是由WLF治理令牌WLFI销售获得的75％的收入的补充，目前的总销售额为5.5亿美元。

DT Marks' majority control came after WLF co-founders Zak Folkman and Chase Herro appear to have relinquished their own control over the WLF protocol. Folkman and Herro were previously involved in Dough Finance, a borrowing/lending platform that suffered a $1.8 million exploit last July.

在WLF联合创始人Zak Folkman和Chase Herro似乎放弃了自己对WLF协议的控制之后，DT Marks的多数控制权是在WLF联合创始人Zak Folkman和Chase Herro进行的。 Folkman和Herro以前参与了Lough Finance，这是一个借贷/借贷平台，去年7月遭受了180万美元的剥削。

After WLF's other co-founders take their cut, WLF will be left with a mere 5% of revenue raised to date with which to fund its various

在WLF的其他联合创始人裁员之后，WLF将仅获得迄今为止收入的5％，以资助其各种收入