American Bitcoin Goes Public on NASDAQ with Gryphon Merger, a milestone for the Trump family-linked mining company. Trading under ticker ABTC, the project, backed by Eric and Donald Trump Jr., aims to lead bitcoin mining and build a crypto reserve. The American Bitcoin merger with Gryphon Digital Mining, set for Q3 2025, unlocks growth capital. This article explores the deal, bitcoin mining NASDAQ trends, and Nakamoto’s bitcoin treasury.
American Bitcoin Merger Details
American Bitcoin Goes Public on NASDAQ with Gryphon Merger after its formation in March 2025 by Hut 8 and American Data Centers investors, including the Trump sons. It swapped 80% of American Data Centers’ shares for Hut 8’s mining equipment, becoming American Bitcoin. Post-merger, American Bitcoin shareholders will own 98%, Gryphon 2%. Hut 8 remains the operator.
The American Bitcoin merger enables American Bitcoin Goes Public on NASDAQ with Gryphon Merger as ABTC. Hut 8 CEO Asher Genoot said the listing provides capital for scaling, independent of Hut 8’s balance. Hut 8’s stock rose 12% in NASDAQ pre-market, with a 27% monthly gain, per TradingView.
Leadership and Strategy
American Bitcoin’s team includes Mike Ho (executive chairman), Matt Prusak (CEO), and Eric Trump (strategy director). The board retains Hut 8’s Asher Genoot, Tinder co-founder Justin Mateen, and FabFitFun co-founder Michael Broukhim. The focus is on expanding bitcoin mining NASDAQ operations and creating a bitcoin reserve.
Nakamoto’s Bitcoin Treasury
Nakamoto, led by BTC Inc.’s David Bailey, merged with KindlyMD to form a public bitcoin treasury. It raised $710 million ($510 million private, $200 million bonds), with investors like Actai Ventures, Arrington Capital, and Blockstream’s Adam Back. Nakamoto will issue bitcoin-backed instruments for major exchanges, boosting bitcoin mining NASDAQ.
Market Impact and Outlook
American Bitcoin Goes Public on NASDAQ with Gryphon Merger amid rising crypto interest. The American Bitcoin merger strengthens its market position, while Nakamoto’s bitcoin treasury bridges crypto and traditional finance. The Twenty One (XXI) consortium, holding 31,500 BTC, ranks third among corporate bitcoin holders, signaling bitcoin’s growing role.
The American Bitcoin merger and Nakamoto’s efforts highlight bitcoin mining NASDAQ potential. As American Bitcoin Goes Public on NASDAQ with Gryphon Merger, it sets a foundation for growth, positioning bitcoin as a global asset.
