📢 ERIC TRUMP’S BITCOIN COMPANY TO MERGE WITH NASDAQ-LISTED MINER

According to Foresight News, Eric Trump—son of U.S. President Donald Trump—holds a significant stake in American Bitcoin Corp., a company he co-founded in March 2025.

💡 Key Update:

American Bitcoin Corp. is set to merge with Gryphon Digital Mining Inc., a Nasdaq-listed company.

In this merger, Eric Trump’s shares will be exchanged for approximately 367 million new Gryphon shares.

With Gryphon’s stock valued at around $1 per share on Thursday, his stake could be worth about $367 million.

The merged entity will operate under the name American Bitcoin and is expected to go public in the coming weeks.

Market Insight for Binance Community:

This merger places American Bitcoin in a stronger position within the crypto mining sector, combining Gryphon’s listed market exposure with American Bitcoin’s capital and industry connections. The development could spark attention from investors in both traditional finance and the crypto space.

⚡ Conclusion:

The upcoming public listing of American Bitcoin may boost interest in U.S.-based Bitcoin mining companies, especially with high-profile stakeholders involved. Binance users should watch for potential market sentiment shifts in the mining and Bitcoin sectors.