American Bitcoin the Bitcoin mining company backed by US President Donald Trump’s two sons is preparing to begin trading on the Nasdaq in early September after finalizing a merger with Gryphon Digital 0 company has secured both crypto-focused and traditional institutional investors for the all-stock deal Asher Genoot
CEO of Hut 8 which owns 80% cent of American Bitcoin told Reuters in an 1 shareholders have already been lined up to support the 2 the merger is completed American Bitcoin will retain its name and trade under the ticker 3 IN: Eric Trump and Donald Trump 4 American Bitcoin to start soon trading on the Nasdaq – Reuters #Bitcoin is taking over Wall Street 5 — Bitcoin Magazine (@BitcoinMagazine) August 28
2025 Trump Brothers and Hut 8 Retain Near-Total Control of American Bitcoin After Merger Co-founders Eric Trump and Donald Trump Jr together with Hut 8 will hold a combined 98% of the 6 told Reuters that the team opted for a merger rather than a direct 7 said the route gave the company better access to financing by leveraging an existing business already connected to capital 8 Bitcoin has been exploring acquisitions in Hong Kong and Japan to expand its footprint the Financial Times reported earlier this 9 confirmed that the company is actively assessing opportunities in Asia
with the aim of giving investors broader access to bitcoin-linked assets beyond the 10 said that while discussions are under way no firm commitments have been 11 focus he added is to create options for investors who cannot directly buy Nasdaq-listed crypto stocks due to local 12 Bitcoin Born From Hut 8’s Strategic Shift Into Infrastructure Founded earlier this year
American Bitcoin emerged from Hut 8’s pivot away from pure crypto mining into energy infrastructure and data 13 new venture created in partnership with the Trump brothers is now positioning itself as a global bitcoin miner with ambitions to expand through acquisitions and 14 strategy has been described as mirroring the approach of large US-listed bitcoin firms that use equity financing and mergers to accelerate 15 said the goal is to build a vehicle that can appeal to both institutional investors and retail traders looking for exposure to bitcoin through regulated exchanges.
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