American Bitcoin, a BTC-USD mining company backed by Donald Trump's sons, has announced its plans to go public on Nasdaq in September 2025. This move strengthens their presence in the cryptocurrency sector.
Plans for Nasdaq Listing
American Bitcoin announced a merger with Gryphon Digital Mining through an all-stock combination to facilitate its stock market debut. The new company will be named American Bitcoin and trade under the ticker ABTC. Hut 8's CEO, who holds an 80% stake in American Bitcoin, highlighted the financial advantages of merging with an existing public company.
Investment Strategies and Family Ties
The Trump family has been actively involved in crypto investments. American Bitcoin, established in March 2025, is one of several cryptocurrency-related ventures linked to America's first family. Earlier, they participated in launching meme coins and other projects, including World Liberty Financial, where Donald Trump is appointed the 'chief crypto advocate.'
Global Expansion and Company Ambitions
American Bitcoin is not limiting its efforts to the U.S. market and is actively exploring acquisition opportunities in Asia. Among its priorities is the creation of a global Bitcoin treasury to enable entry into new markets. The company intends to emulate the successful model of MicroStrategy, aiming to simplify access to Bitcoin investment for retail investors.
American Bitcoin represents a significant step for the Trump family towards cryptocurrency, focusing on both public and business support for the sector. The anticipated Nasdaq listing reflects growing interest in digital assets, mirroring a broader trend of institutional investment.
