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American Bitcoin, Supported by Trump Family, Expected to List on NASDAQ in Early September with Stock Code ABTC

Summary: According to Reuters, American Bitcoin, a mining company supported by the Trump family, is expected to complete its merger with Gryphon Digital Mining (GRYP.O) soon, aiming to list on NASDAQ in early September. Donald Trump Jr, Eric Trump, and Hut 8 will collectively own 98% of the merged entity, which will retain the name American ...

According to Reuters, American Bitcoin, a mining company supported by the Trump family, is expected to complete its merger with Gryphon Digital Mining (GRYP.O) soon, aiming to list on NASDAQ in early September. Donald Trump Jr, Eric Trump, and Hut 8 will collectively own 98% of the merged entity, which will retain the name American Bitcoin and trade under the stock code ABTC. American Bitcoin is also currently seeking acquisition targets in Asia to build a Bitcoin asset reserve, with plans to acquire a listed company in Japan and potentially expand into the Hong Kong market. Sources indicate that the company intends to emulate the MicroStrategy model by building a cryptocurrency reserve platform through acquiring listed companies.

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