• TEXT= DATE: 20.06.2025 TransferMole  |  IDO  | Blockchain Service
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  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Trump's American BTC to go public

Trump’s American BTC to go public via Gryphon merger and Nasdaq debut

https://icn.live/wp-content/uploads/2025/05/Trumps-American-BTC.mp3
  • by ICN.live
Salma Al-Tamimi

Trump’s American BTC to go public marks a bold new chapter in crypto-powered financial engineering.

The company, closely tied to the Trump family, is going public through a stock-for-stock merger with Gryphon Digital Mining. American Bitcoin will take over Gryphon’s Nasdaq listing and start trading as “ABTC” as early as Q3 2025.

The transaction enables American Bitcoin shareholders to retain 98% control post-merger. Hut 8, the current majority stakeholder, will continue its support role. It will provide energy and mining infrastructure across its pipeline, which spans 1,020 megawatts. This includes development rights for over 10,000 additional megawatts. Gryphon, now acting as the public shell, offers the quick route to Wall Street that IPOs rarely provide.

Eric Trump stays on as Chief Strategy Officer. Donald Trump Jr. also plays a founding role. American Bitcoin’s capital-light model aims to build the U.S.’s first national Bitcoin reserve through strategic accumulation and holding. It’s a departure from the hashrate-maximization race that has long defined the industry.

American BTC’s Nasdaq Pathway Sparks Market Buzz

The company was launched as American Data Centers by Eric and Donald Jr. Trump. It later became American Bitcoin after Hut 8 contributed its ASIC miners to gain a majority stake. The transformation signals a shift in strategy: from pure mining to strategic reserve building and public market exposure. The merger structure helps American Bitcoin bypass IPO hurdles, giving it faster access to institutional capital.

The new executive team includes Mike Ho, Matt Prusak, and Michael Broukhim. The board features figures from both tech and political circles. The move comes as Bitcoin flirts with record highs above $104,000. Investor appetite for publicly traded Bitcoin entities is rising. Gryphon’s stock more than tripled after the news, while Hut 8 shares surged 11%.

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Trump’s American BTC to go public amid Bitcoin market rally

American Bitcoin’s mission is not to chase hashrate, but to accumulate Bitcoin under market value. It intends to amplify that exposure through a treasury-driven approach. The merged company will function independently of Hut 8’s balance sheet, creating flexibility for funding and scaling. The reserve-centric strategy could appeal to investors seeking long-term BTC exposure without the complexity of traditional mining models.

The deal still awaits regulatory and stockholder approval. If successful, it will signal a new era where political legacy, crypto vision, and financial innovation converge.

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What is American Bitcoin’s main business strategy?

American Bitcoin focuses on accumulating Bitcoin below market cost and holding it as a strategic reserve. Unlike many mining companies that chase hashrate, American BTC takes a capital-light approach, emphasizing treasury accumulation over direct operations. It leverages Hut 8’s energy infrastructure, enabling it to minimize operational costs while maximizing Bitcoin exposure. This reserve-based model appeals to investors seeking long-term upside from Bitcoin without direct mining exposure risks.

How are Eric Trump and Donald Trump Jr. involved in American Bitcoin?

Eric Trump plays a key operational role as Chief Strategy Officer, shaping the company’s crypto vision and public presence. Donald Trump Jr. was instrumental in co-founding American Data Centers, which later evolved into American Bitcoin. Both remain deeply involved in aligning the company’s image with pro-American branding and a strong reserve-focused Bitcoin strategy. Their presence adds political visibility and could attract retail investors aligned with their public profiles.

Why is the Gryphon merger significant for American Bitcoin?

The Gryphon merger allows American Bitcoin to enter the public markets quickly without the delays of a traditional IPO. Using Gryphon’s existing Nasdaq listing, American BTC avoids regulatory delays and retains operational control. The stock-for-stock structure ensures that existing American BTC shareholders keep 98% of the merged entity. This makes the merger a strategic shortcut to market access and opens up fresh avenues for raising capital.

What impact could this have on the crypto market?

If successful, this merger could kickstart a new wave of politically-backed, reserve-oriented crypto firms going public. As Bitcoin hovers near all-time highs, investor interest in such hybrid models — combining brand strength, strategic reserves, and Wall Street access — is growing. The market reaction to the merger suggests strong appetite for fresh narratives around Bitcoin, especially those tied to influential names like the Trump family.

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