Jim Cramer, during CNBC's Lightning Round, criticized American Bitcoin, calling it a 'total spec'. This comment has ignited discussions about the company's legitimacy and future in the industry. American Bitcoin, co-founded by Eric Trump and Asher Genoot, was formed from the merger of Hut 8 and US Bitcoin Corp, and focuses on large-scale Bitcoin mining in the U.S. The company's operations have gained attention following a recent U.S. government executive order to establish a Strategic Bitcoin Reserve. This development has put a spotlight on American Bitcoin's financial strategies and its role in the evolving cryptocurrency landscape.