American Bitcoin Corp (ABTC) is redefining corporate performance metrics in the cryptocurrency sector by structuring its entire business around a single, clear objective: systematically increasing the amount of Bitcoin held per outstanding share. In exclusive commentary, executives Eric Trump and Asher Genoot detail a model that prioritizes Bitcoin accumulation through mining and strategic purchases over traditional corporate expenditures, aiming to provide shareholders with direct, amplified exposure to Bitcoin’s long-term appreciation.
about American Bitcoin Corp Focuses on BTC Per Share Growth StrategyAsher Genoot
0 posts last weekWall Street Closing Bell: Market Analysis & Expert Insights
Bloomberg Television provides comprehensive pre- and post-market analysis with a distinguished panel of guests, including Scott Chronert from Citi, Jorge Alegria from Bolsa Mexicana De Valores, and Paul Abrahimzadeh from 1789 Capital. Additional insights come from Oliver Chen (TD Cowen), Eric Trump and Asher Genoot (American Bitcoin), Mo Haghbin (Proshares), Doug Clinton (Intelligent Alpha), Mark Douglas (MNTN), Jamie Lannone (eBay), Thomas Flohr (Vista), and Antonoaldo Neves (Ethiad). The segment offers viewers a multifaceted perspective on market movements, sector performances, and global economic influences, making it essential viewing for investors and financial professionals seeking timely and authoritative analysis.
about Wall Street Closing Bell: Market Analysis & Expert InsightsTrump-Backed Bitcoin Miner American Bitcoin Targets Nasdaq Debut
American Bitcoin, backed by the Trump brothers and majority-owned by Hut 8 Mining, plans to go public on Nasdaq in September under ticker ABTC. The company currently holds 215 BTC and aims to become a major Bitcoin mining entity. The listing follows a merger with Gryphon Digital Mining, with ownership structured at 80% Hut 8, 18% Trump brothers, and 2% Gryphon. The announcement coincides with advancing crypto-friendly legislation and institutional support, including investments from Winklevoss twins and political donations supporting pro-crypto policies. Market analysts suggest this could stimulate broader crypto market activity and altcoin season momentum.
about Trump-Backed Bitcoin Miner American Bitcoin Targets Nasdaq DebutTrump’s Bitcoin Firm Files for Public Listing with SEC
American Bitcoin Corp., backed by Eric Trump and Donald Trump Jr., and Gryphon Digital Mining have filed an amended S-4 with the SEC, moving closer to a merger that will create a new publicly traded Bitcoin mining company. The combined entity, American Bitcoin (ABTC), is set to trade on Nasdaq, with existing American Bitcoin shareholders owning 98% and Gryphon shareholders holding 2%. The merger leverages Gryphon’s 899 PH/s mining capacity and renewable energy focus, while American Bitcoin contributes strategic vision and capital market access. CEO Matt Prusak highlighted the opportunity to consolidate the fragmented mining sector. The deal reflects broader industry consolidation post-Bitcoin halving, with completion pending SEC and shareholder approvals.
about Trump's Bitcoin Firm Files for Public Listing with SECTrump-Backed Bitcoin Miner American Bitcoin to Go Public via Merger
American Bitcoin, a Bitcoin mining venture backed by Hut 8 and associated with the Trump family, plans to go public via a stock-for-stock merger with Gryphon Digital Mining. The newly formed entity will trade on Nasdaq as ‘ABTC,’ with American Bitcoin shareholders retaining 98% ownership. The merger aims to provide direct access to growth capital while maintaining Bitcoin exposure for investors. Hut 8 will remain a key partner, supplying infrastructure and operations support. This move expands the Trump family’s crypto footprint, which includes DeFi projects, meme coins, and ETF collaborations.
about Trump-Backed Bitcoin Miner American Bitcoin to Go Public via MergerHut 8’s American Bitcoin to Go Public via Gryphon Merger
American Bitcoin, a Hut 8 subsidiary, is merging with Gryphon Digital Mining in a stock-for-stock deal, with Hut 8 shareholders retaining 98% ownership. The merger aims to establish a low-cost Bitcoin mining operation and strengthen U.S. leadership in the crypto ecosystem. Eric Trump will serve as chief strategy officer, leveraging his connections to drive growth. Shares of Gryphon surged 173%, while Hut 8 rose nearly 12% on the news. The company plans to focus on efficient mining, ecosystem leadership, and building a Bitcoin reserve. This follows other Trump-linked crypto ventures, including meme coins and a potential Truth Social token.
about Hut 8's American Bitcoin to Go Public via Gryphon MergerTrump-Backed Bitcoin Firm American BTC to Go Public in 2025
American Bitcoin, a Hut 8 subsidiary linked to the Trump family, is merging with Gryphon Digital Mining to become a publicly traded company on Nasdaq under the ticker ‘ABTC’ by Q3 2025. The stock-for-stock deal allows American Bitcoin shareholders to retain 98% ownership, with Hut 8 maintaining a stake while shifting focus to infrastructure services. The new entity, led by executives including Eric Trump, aims to build a national Bitcoin reserve with a capital-light model. Gryphon’s shares surged post-announcement, reflecting strong investor interest in Bitcoin-centric firms. The merger bypasses traditional IPO hurdles, leveraging Gryphon’s Nasdaq listing for quicker market access. The deal highlights the growing trend of mining firms using financial engineering to tap public capital markets.
about Trump-Backed Bitcoin Firm American BTC to Go Public in 2025Hut 8 Boosts Hashrate 79% Despite $134M Q1 Loss
Cryptocurrency mining firm Hut 8 saw a significant 79% increase in hashrate during Q1 2025, according to its latest quarterly report. Despite generating $21.8 million in revenue, the company reported a net loss of $134.3 million, attributed to large-scale investments. CEO Asher Genoot described this as a ‘deliberate and necessary phase of investment,’ with expected returns becoming visible in future quarters. The expansion includes the launch of Hut 8’s American Bitcoin subsidiary, positioning the firm for long-term growth in the competitive mining sector.
about Hut 8 Boosts Hashrate 79% Despite $134M Q1 Loss