The Bitcoin mining company American Bitcoin Corp (ABC), supported by the Trump family, is about to log in to Nasdaq through a reverse merger with Gryphon. The SEC has approved the S-4 sign up statement, and shareholder voting will be held on August 27. ABC completed a $220 million private sale last month, holding a computing power of 10.17 EH/s, with a goal to expand to 25 EH/s. Eric Trump is expected to hold $367 million in shares.

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