Eric Trump's American Bitcoin going public in latest crypto move by president's family
Donald Trump Jr. and Eric Trump’s bitcoin mining firm, American Bitcoin, went public through an all-stock merger with Gryphon Digital Mining. Trading on Nasdaq under the ticker ‘ABTC’, the company is valued at over $7.5 billion, representing a significant expansion of the Trump family’s cryptocurrency and financial interests. The merger gives the Trump brothers approximately 20% ownership, with Hut 8 holding 80% of the company.
Key Actors
Sources (4)
- Trump Family's American Bitcoin Mining Unit to Go Public in Gryphon Digital Deal (2025-05-12)
- Eric Trump's American Bitcoin going public in latest crypto move by president's family (2025-05-12)
- American Bitcoin, BTC Miner Backed by Eric and Donald Trump Jr, to Go Public (2025-05-12)
- Eric Trump's Bitcoin Firm Goes Public Amid White House Crypto Expansion (2025-05-12)
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