American Bitcoin Corp (Nasdaq:ABTC), a bitcoin and AI company, has agreed to acquire natural gas assets in Northeast British Columbia, Canada, from Erikson National Energy Inc., currently in insolvency. The site’s abundant natural gas makes it ideal for mining, with expected energy costs below $0.03 per KWH once developed.
American Bitcoin Corp aims to establish itself as a prominent leader in the industrial digital infrastructure sector. The company's core vision extends beyond simple mining operations. Backed by Hut 8 and its strategic partners, American Bitcoin Corp is dedicated to scaling massive computing capacity and pioneering a capital-efficient treasury model, striving to maximize shareholder value through aggressive, long-term Bitcoin reserve accumulation.
May 29, 2025 British Columbia
Canadian telecoms operator Bell Canada has launched 'Bell AI Fabric,' a plan to help build AI data centers across the country, starting with six data centers in British Columbia, supported by 500MW of hydroelectric power. The very first facility is set to come online this June, operated by AI...
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