ABTC On The Rise: Trump-Backed American Bitcoin Enters Nasdaq Trading
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....
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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, a mining company tied to US President Donald Trump’s sons Eric and Donald Trump Jr., wrapped up its first day of trading on the Nasdaq with sharp swings but still managed to finish 16.75% higher at just over $8. After-hours trading pushed the stock up another 6% to $8.50, reports confirmed. Related Reading: XRP Poised For Amazon-Like Boom? Analyst Predicts $200 Rally Wild Price Swings On First Day Trading opened with a rush. The newly rebranded company, formed through a merger with Gryphon Digital Mining (GRYP), jumped as high as $13.21 from Gryphon’s previous close of....
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 Express has rolled out a new way for cardholders to collect travel memories: blockchain-backed passport stamps that live on a public ledger. The stamps are meant to be keepsakes, not investments, and they are tied to in-person spending while traveling. Related Reading: Blockchain Enters The City: London Stock Exchange Launches Private Funds Platform American […]