According to BlockBeats, American Bitcoin, a Bitcoin mining company affiliated with the Trump family, has officially listed on the Nasdaq stock exchange. This development follows the company's earlier announcement on September 3, where it sought to raise up to $2.1 billion through a public offering.
The listing was made possible after American Bitcoin completed its merger with Gryphon Digital Mining. The newly formed entity will continue to operate under the name American Bitcoin and will trade under the stock symbol ABTC.
U.S. President Donald Trump's sons, Donald Trump Jr. and Eric Trump, along with mining company Hut 8, will collectively own 98% of the merged entity. This strategic move marks a significant milestone for the Trump family's involvement in the cryptocurrency sector.
