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American Bitcoin, a Trump family-affiliated firm, is set to go public via a merger with Gryphon Digital Mining. The deal will list the combined entity on Nasdaq under the ticker ‘ABTC’ by Q3 2025. Shareholders of American Bitcoin will retain 98% ownership post-merger.
- American Bitcoin will go public via a reverse merger with Gryphon Digital Mining, listing on Nasdaq under 'ABTC' by Q3 2025.
- Eric Trump remains chief strategy officer, with the company focusing on low-cost Bitcoin accumulation and treasury holdings.
- Gryphon's stock price tripled post-announcement, signaling strong market appetite for Bitcoin-focused public vehicles.
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