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American Bitcoin, partially owned by Eric Trump and Donald Trump Jr, is preparing for a September public debut on Nasdaq. The company aims to become one of the world’s largest Bitcoin-centric entities through both mining and acquisition strategies. This move comes amid growing institutional interest in cryptocurrency investments.
- Trump brothers Eric and Donald Jr will own 18% of American Bitcoin through the Nasdaq listing, with Hut 8 maintaining 80% majority ownership
- The company plans to become a major Bitcoin holder through both mining operations and strategic acquisitions, currently holding 215 BTC
- Listing timing aligns with the GENIUS Act implementation and growing institutional crypto support, potentially catalyzing broader market activity
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