US EditionAmerican Bitcoin, backed by Trump sons, aims to start trading in September | News Channel 3-12
American Bitcoin, co-founded by Eric Trump and Hut8, plans a Nasdaq debut via merger with Gryphon Digital, aiming to raise capital and expand globally, including acquisitions in Asia.
- On Thursday, American Bitcoin said it targets an early September Nasdaq debut via an all-stock merger with Gryphon Digital Mining, expected to be finalised shortly.
- Hut 8 launched American Bitcoin in March 2025, and the firm recently raised $220 million plus $10 million in bitcoin following a White House policy shift earlier this year.
- The ownership plan shows Eric Trump, Donald Trump Jr., and Hut 8, majority stakeholder , will own 98% of American Bitcoin, with anchor investors Tyler Winklevoss and Cameron Winklevoss confirmed; ABTC will be the Nasdaq ticker.
- With an early September debut, American Bitcoin's Nasdaq listing boosts credibility and access to investors, and analysts say hype could trigger a 10-20% Bitcoin price rise despite regulatory scrutiny.
- Tied to the Trump family, American Bitcoin faces heightened scrutiny as critics including Senator Elizabeth Warren accuse President Donald Trump of conflicts of interest while expanding in Hong Kong and Japan.
22 Articles
22 Articles
Trump family-backed American Bitcoin to trade on Nasdaq as crypto investors sign on
American Bitcoin, the bitcoin miner backed by two of President Trump's sons, has locked in crypto and traditional investors to back an all-stock merger that will allow the firm to soon start trading on the Nasdaq, the company's largest investor said.
Trump-Backed Bitcoin Miner American Bitcoin Targets September Nasdaq Debut
American Bitcoin, the bitcoin (BTC) miner 20% owned by two of President Donald Trump's sons, plans to list on the Nasdaq in September, said Asher Genoot, the CEO of Hut 8, which owns the other 80%.The firm is finalizing a merger with Gryphon Digital Mining that will clear the way for its public debut, Reuters reported. Once completed, the existing shareholders are expected to retain ownership of about 98% of the combined company.American Bitcoin…
American Bitcoin, backed by Trump sons, aims to start trading in September | News Channel 3-12
From Reuters American Bitcoin, the bitcoin miner backed by two of President Donald Trump’s sons, has locked in crypto and traditional investors to back an all-stock merger that will allow the firm to soon start trading on the Nasdaq, the company’s largest investor said. The unlisted firm’s merger with Gryphon Digital Mining is set to be finalized shortly, and the goal is to start trading in early September, according to Asher Genoot, the CEO of …
American Bitcoin, backed by Trump sons, aims to start trading in September
American Bitcoin, the bitcoin miner backed by two of President Donald Trump’s sons, has locked in crypto and traditional investors to back an all-stock merger that will allow the firm to soon start trading on the Nasdaq, the company’s largest investor said.
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