A massive merger paves the way for a new Bitcoin giant led by the Trump sons. The company "American Bitcoin," a Bitcoin mining firm backed by the sons of U.S. President Donald Trump, has managed to attract investors from the world of cryptocurrency and traditional investments to support a merger deal through a complete stock exchange, which will soon enable the company to start trading on the NASDAQ, according to the company's largest investors.
The merger deal with "Griffon Digital Mining" is expected to be finalized in a short period, with the aim of starting trading in early September, according to statements from Asher Genoot, CEO of "Hut 8," which owns 80% of "American Bitcoin."
Genoot clarified that the main shareholders in the offering have already been identified.$BTC