Crypto:
36635
Bitcoin:
$92.378
% 0.74
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.378
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

Bitcoin Company Backed by Trump’s Sons Prepares to Go Public on Nasdaq!

American Bitcoin (ABTC), backed by Donald Trump’s sons Eric Trump and Donald Trump Jr., is preparing to go public on Nasdaq this September. This move could mark a historic milestone for both Bitcoin mining and publicly traded Bitcoin companies.

American Bitcoin’s Nasdaq Ambition

The company, supported by the sons of U.S. President Donald Trump, is moving through a financing process strengthened by both crypto and traditional investors. Asher Genoot, CEO of Hut 8 and American Bitcoin’s largest investor, announced that the merger will be completed soon, with trading on Nasdaq expected to begin in September 2025 under the ticker ABTC.

Speaking at the Bitcoin Asia conference in Hong Kong, Genoot emphasized that opting for a merger instead of a direct IPO provided financial advantages.

Trump Family and Strategic Partnerships

Founded in March 2025 with the involvement of Eric Trump and Donald Trump Jr., American Bitcoin set out with the vision of becoming “the world’s largest and most efficient pure-play Bitcoin miner.”

The firm has also attracted investment from Tyler and Cameron Winklevoss, co-founders of Gemini, signaling that its growth strategy is rooted not only in political connections but also in strong industry partnerships.

Global Investment and Expansion Plans

American Bitcoin is actively exploring acquisitions and investments in Hong Kong and Japan as part of its strategy to establish global dominance in Bitcoin mining.

The company also plans to accumulate assets through both Bitcoin mining and direct Bitcoin purchases, enabling a flexible treasury strategy that adapts to market conditions.

At the same conference, Nakamoto Holdings announced plans to invest in early-stage crypto ventures across Asia, reflecting a broader wave of growth and investment across the global crypto industry.

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