American Bitcoin Prepares Nasdaq Debut in September, Backed by Trump’s Sons

American Bitcoin Readies for Nasdaq Debut

American Bitcoin prepares Nasdaq debut in September, backed by Trump’s sons—a move that blends political franchise with cryptocurrency ambition. Eric Trump and Donald Trump Jr., along with mining firm Hut 8, are behind the bitcoin mining venture now set to go public via an all-stock merger with Gryphon Digital Mining, aiming to trade under the ticker ABTC.

Structural Setup and Ownership

The deal, according to Hut 8 CEO Asher Genoot, accelerates public access and financing compared to a traditional IPO, while keeping substantial ownership within the founding group. Collectively, the Trump brothers and Hut 8 will control 98% of the merged entity, reinforcing strategic command over the company’s future.

Global Push: Asia Expansion

As part of its global ambitions, American Bitcoin is exploring strategic crypto investments in Hong Kong and Japan, targeting public-listed bitcoin assets where access to U.S. Nasdaq stocks may be restricted. Eric Trump is currently touring Asia to lay the groundwork for these initiatives.

What It Means for Markets and Crypto

This listing will likely electrify cryptocurrency and capital markets, blending political branding with institutional-grade listing. Analysts anticipate retail and institutional investors alike rallying around ABTC’s access to bitcoin exposure—especially through a regulated venue. The move cements Trump's family role in the ongoing convergence of politics and crypto.

Broader Implications

American Bitcoin’s transition from a private mining firm to a Nasdaq-listed entity signals a broader trend: cryptocurrency firms seeking mainstream legitimacy through publicly traded vehicles. The structural advantage of a merger and tight control by the existing leadership also reflects a new model in digital asset finance.