Trump-Backed American Bitcoin Jumps After $163M $BTC Buy – Could Altcoins Be ...
What to Know: Trump-backed American Bitcoin ($ABTC) surged 11% after adding 1,414 $BTC ($163M) to its treasury, bringing total holdings to roughly 3,865 $BTC worth $446M. The company, backed by Donald Trump Jr. and Eric Trump, uses a novel Satoshis per Share (SPS) metric to show investors exactly how much $BTC backs each share. Among the best altcoins to watch in this rotation are Bitcoin Hyper ($HYPER), a Bitcoin Layer-2; PepeNode ($PEPENODE), a mine-to-earn meme project; and World Liberty Financial ($WLFI), the Trump-themed DeFi ecosystem. The Trump family has made another bold move in....
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Hut 8, a publicly traded Bitcoin (BTC) mining company with a market capitalization of approximately $1.2 billion, announced on Monday a strategic partnership with Eric Trump and Donald Trump Jr. to establish a new mining subsidiary named American Bitcoin. Hut 8 And Trump Sons Unite To Form American Bitcoin According to the press release, Hut […]
South Korea’s cryptocurrency market just marked one of the most high-profile partnerships of 2025 with a Trump backed project. Bithumb, the country’s second-largest crypto exchange, has signed a strategic memorandum of understanding (MOU) with World Liberty Financial (WLFI), the crypto venture backed by the Trump family. The deal seeks to boost stablecoin adoption, create new […]
American Bitcoin, partially owned by Eric Trump and Donald Trump Jr, targets a September public debut on the Nasdaq, according to Hut 8 CEO, Asher Genoot. The announcement came from an interview with Reuters during the Bitcoin Asia conference in Hong Kong, with Genoot stating that Hut 8, Eric, and his brother Donald will own 98% of the entity. The new company will retain the name of American Bitcoin and trade with the ticker ABTC. According to Genoot, the Trump brothers found it more advantageous to create and list the company, rather than go for a public IPO, which would give it access to....
American Bitcoin hat 1.414 neue BTC im Wert von 163 Millionen Dollar gekauft. Das Unternehmen mit Verbindung zu den Trump-Brüdern setzt auf langfristiges Wachstum. Trotz der unsicheren Märkte bleibt die Firma optimistisch, dass Bitcoin weiter steigen wird. Während andere Unternehmen vorsichtig bleiben, geht American Bitcoin aufs Ganze. Das von Eric und Donald Trump Jr. unterstützte […]
American Bitcoin, a new cryptocurrency mining venture supported by Eric and Donald Trump Jr., made its debut on Nasdaq on Wednesday under the ticker symbol “ABTC.” This launch marks the Trump family’s second digital asset debut in less than a week, following World Liberty Financial’s WLFI token launch on crypto exchanges on Monday. American Bitcoin Shares Jump 90% In a press release, Eric Trump, co-founder and chief strategy officer of American Bitcoin, described the listing as a “historic milestone,” emphasizing the company’s mission to integrate Bitcoin....