$TRUMP American Bitcoin, the bitcoin mining company where Donald Trump's sons, Eric and Donald Trump Jr., own a 20% stake, plans to list on the Nasdaq stock exchange in September. The company is 80% owned by Hut 8, another mining company.

To prepare for its stock market debut, American Bitcoin is finalizing a merger with Gryphon Digital Mining and recently raised $220 million to bolster its bitcoin reserves and expand its infrastructure.

The company's public offering is seen as a bet on the growth of cryptocurrencies and will give the Trump brothers a stake in a business directly tied to bitcoin.