Asher is the Co-Founder and President of US Bitcoin Corp (USBTC), which builds and operates data centers for bitcoin production. Since co-founding USBTC in December 2020, Asher has scaled the venture-backed company into one of the largest bitcoin mining organizations in the world, with funding from the likes of Peter Thiel (Thiel Capital), Eric Schmidt (Steele Perlot), Naval Ravikant (AngelList), and Justin Mateen (Tinder). Today, USBTC manages more than 730 MW of capacity across data centers in Texas, Nebraska, and New York. The company expects to soon complete a merger of equals with Canadian miner Hut 8 (NASDAQ: HUT).

Asher most recently led USBTC’s winning bid to restructure the mining division of Celsius Network in the latter company’s Chapter 11 bankruptcy auction. Earlier this year, he also led USBTC’s takeover and turnaround of approximately 580 MW of distressed mining assets in the Chapter 11 bankruptcy proceedings of Compute North.