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Trump family-backed Bitcoin reserve company American BTC to go public this year – TON BOT

Trump family-backed Bitcoin reserve company American BTC to go public this year

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American Bitcoin, a subsidiary of Hut 8 linked to the Trump family, will go public through a merger with Gryphon Digital Mining. The combined company will trade on Nasdaq as “ABTC” in Q3 2025. Eric Trump is the chief strategy officer, and Donald Trump Jr. is also involved. The goal is to build a Bitcoin reserve and focus on low-cost acquisition and long-term retention. The deal aims to provide access to capital markets and strategic financing. Market reaction was positive, with Gryphon’s share price tripling. The merger is subject to stockholder and regulatory approvals.

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