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šØ Trump Family Enters Bitcoin Mining: Eric's $367M Stake in Focus
Ā Eric Trump, son of former US President Donald Trump, co-founded American Bitcoin just months ago (March '24). Now, a major move: Per SEC filings, his stake is set to convert into ~367 MILLION shares of Nasdaq-listed Gryphon Digital Mining ($GRYP) via merger.
āļø At Gryphon's recent ~$1.00 stock price, Eric's stake could be valued near $367 MILLION upon the deal closing in coming weeks.
The merged entity? It will operate under the name American Bitcoin.Ā Ā
This signals deepening connections between established finance/political figures and the Bitcoin mining infrastructure. Big names are placing big bets.Ā Ā
#Bitcoin #Mining #CryptoNews #Mergers #EricTrump
$BTC
Ā Eric Trump, son of former US President Donald Trump, co-founded American Bitcoin just months ago (March '24). Now, a major move: Per SEC filings, his stake is set to convert into ~367 MILLION shares of Nasdaq-listed Gryphon Digital Mining ($GRYP) via merger.
āļø At Gryphon's recent ~$1.00 stock price, Eric's stake could be valued near $367 MILLION upon the deal closing in coming weeks.
The merged entity? It will operate under the name American Bitcoin.Ā Ā
This signals deepening connections between established finance/political figures and the Bitcoin mining infrastructure. Big names are placing big bets.Ā Ā
#Bitcoin #Mining #CryptoNews #Mergers #EricTrump
$BTC
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