American Bitcoin, the very young mining company launched at the end of March 2025 by Hut 8 with the support of Donald Trump's sons, is already preparing for the Nasdaq. This express merger with Gryphon Digital Mining arouses as much enthusiasm as political debates.
In short
- American Bitcoin will merge with Gryphon Digital Mining for a rating at Nasdaq under the symbol “ABTC”.
- Current shareholders, including Trump and Hut 8 wires, will retain 98 % of the capital.
- The operation must be finalized in the third quarter of 2025.
- The Gryphon action jumped more than 300 % following the announcement.
American Bitcoin is about to enter Nasdaq
Barely a month and a half after its launch, American Bitcoin wasted no time to join the prestigious Nasdaq. The Bitcoins mining company, co -founded by Eric Trump and his brother Donald Trump Jr., announced his merger project with Gryphon Digital Mining on Monday.
This operation, entirely carried out in actions, will allow the new set to settle in the American financial markets under the Ticker “ABTC”.
The current shareholders of American Bitcoin, including the Trump family and the mining giant Hut 8 – will hold around 98% of the capital of the new entity.
Hut 8, which retains a majority participation, will remain the exclusive partner for infrastructure and operations thanks to a series of long -term trade agreements.
This transaction marks the next step in the evolution of American Bitcoin as a vehicle specially designed for the accumulation of low -cost and large -scale bitcoins on a large scale.
Asher Genoot, CEO of Hut 8
A crypto empire at the service of America
This fast stock market entrance perfectly illustrates the ambition of the Trump in the Crypto sector. President Donald Trump has promised to make the United States the world leader in the Crypto sector, with regulatory relaxation and support displayed for American minors.
Eric Trump, who will keep his post as director of strategy, poster clearly his ambitions: ” Our vision for American Bitcoin is to create the most investable bitcoin accumulation platform on the market. »»
The enthusiasm of the markets was not long in coming. The Gryphon action has more than tripled to reach $ 2.19, while Hut 8 was increased by more than 11%. This positive reaction testifies to the confidence of investors in this project supported by the presidential family.
The new group will keep the current management of American Bitcoin, with Mike Ho as CEO, and aims to become the largest mining actor entirely focused on Bitcoin.
Ambitions displayed in a favorable context
Vugar Usi Zade, COO de Bitget, underlines the unique character of this operation:
The involvement of the Trump family with American Bitcoin will create a buzz in political and crypto spheres. With Eric Trump at the helm and the support of Donald Trump Jr., it is not a simple mining company that enters the market.
This strategic merger comes in a particularly conducive context. While American minors are under the full whip of the customs prices imposed by Trump on Asian equipment, American Bitcoin is focusing on optimized local production.
The company will keep Hut 8 as ” Exclusive infrastructure and operating partner »Via long -term trade agreements. This alliance should allow American Bitcoin to achieve its objective: to offer bitcoin mining ” low -cost and large -scale »To institutional investors.
The arrival of American Bitcoin on the Nasdaq represents a new step in the integration of the crypto into traditional markets, just after the announcement of the historic entrance to Coinbase in the S&P 500.
Ultimately, American Bitcoin is the last link in an expansion family crypto empire, which already includes the play Mème $ Trump and World Liberty Financial. This expansion arises while senators propose to prohibit senior officials with any crypto involvement, raising questions of conflict of interests that promise to feed the political debate in the coming months.
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