American Bitcoin, the company owned by US President Donald Trump's sons, is preparing to be traded on the Nasdaq Stock Exchange!

American Bitcoin, founded in the US and co-owned by Donald Trump's sons Eric Trump and Donald Trump Jr., is preparing to be traded on the Nasdaq stock exchange in ￰0￱ Bitcoin, Backed by the Trump Family, Aims to List on Nasdaq in September The company operates in the crypto mining space and is about to complete a stock merger with Gryphon Digital Mining to speed up the ￰1￱ Genoot, CEO of Hut 8, the largest investor in American Bitcoin, stated that the merger will be completed shortly and that the company will begin trading directly on the stock exchange in early September, without an initial public ￰2￱ the new formation, the company will trade under the ticker symbol ￰3￱ investor base includes prominent figures in the crypto ￰4￱ exchange founders Cameron and Tyler Winklevoss are among the principal ￰5￱ was announced that Eric Trump, Donald Trump Jr., and Hut 8 will collectively own 98% of the company once the merger is ￰6￱ emphasized that opting for a merger rather than a direct initial public offering (IPO) would be more advantageous from a financing ￰7￱ also stated that the company could invest not only in the US but also internationally, offering investors access to Bitcoin through ￰8￱ in March 2025, American Bitcoin plans to accumulate Bitcoin through both mining and direct ￰9￱ will operate by leasing Hut 8's data ￰10￱ move, which comes as the Trump administration is ramping up crypto regulations, has raised allegations of political influence and conflicts of interest.

However, Genoot stated that the company is a completely independent commercial enterprise and that Eric Trump is involved in strategic areas. *This is not investment ￰11￱ Reading: American Bitcoin, the company owned by US President Donald Trump's sons, is preparing to be traded on the Nasdaq Stock Exchange!