American Bitcoin, backed by Donald Trump Jr. and Eric Trump, aims to complete a merger with an Asia-listed company and achieve NASDAQ listing by September 2025. However, confirmations of these plans are currently lacking.
Unverified Merger Plans with Gryphon and NASDAQ Ambition
American Bitcoin is linked to a reported plan to merge with Gryphon Digital Mining and achieve a public listing on NASDAQ by September 2025. However, no official company announcements have confirmed these plans, and involvement from Donald Trump Jr. and Eric Trump lacks verification, casting doubt on the credibility of these claims.
Bitcoin's Market Status Amid Speculation
As of August 15, 2025, Bitcoin's market cap stands at $2,339,123,773,850.19, with a price of $117,503.24, down 0.72% over 24 hours. Trading volume has fallen by 35.57%. Bitcoin maintains a 59.04% market dominance with a circulating supply of 19,906,887.
Potential Implications for the Crypto Market
Research insights suggest that potential regulatory shifts could arise if approvals for mergers like that of American Bitcoin are granted. Historical patterns indicate financial volatility for stocks associated with mergers in the crypto space, which underscores the importance of primary source verifications.
In summary, American Bitcoin's plans remain speculative without official confirmations. The company's future and its impact on the cryptocurrency market will depend on emerging developments and potential regulatory changes.
