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Eric Trump's Holdings in American Bitcoin Could Reach $367 Million
Summary: According to Bloomberg, Eric Trump, the son of former President Donald Trump, holds a significant amount of shares in American Bitcoin, a company he co-founded with others in March of this year. As per securities filings submitted on Tuesday, his stake will be exchanged for approximately 3.67 billion new shares in Gryphon Digital Mining Inc., ...
According to Bloomberg, Eric Trump, the son of former President Donald Trump, holds a significant amount of shares in American Bitcoin, a company he co-founded with others in March of this year. As per securities filings submitted on Tuesday, his stake will be exchanged for approximately 3.67 billion new shares in Gryphon Digital Mining Inc., a company listed on the NASDAQ. Gryphon's stock price on Thursday was around $1, and his holdings could be worth $367 million when the company goes public in the coming weeks. The merged entity will be renamed American Bitcoin.
