Trump-Backed “American Bitcoin” Miner Makes Noisy Nasdaq Debut

A high-profile new entry, American Bitcoin, backed by Eric Trump and Donald Trump Jr., began trading on Nasdaq following a merger with a micro-cap mining firm. Its stock roared upward—initially priced around $8, soaring to $13, and peaking at a valuation above $7.5 billion before settling near $6.70. The firm’s strategy rests on combining bitcoin mining, accumulation, and branding power, including partnerships with Hut 8 and a focus on low-cost, potentially nuclear-powered mining operations. #TradingCommunity #TrumpCrypto #TrumpCryptoSupport