Trump-Backed Bitcoin Miner ABTC Surges 90% on Nasdaq Debut - CVJ.AI

08:08 04.09.2025 robbob

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American Bitcoin, a new mining venture backed by Eric and Donald Trump Jr., made a spectacular Nasdaq debut with shares surging up to 90%. The listing marks the Trump family’s second major crypto venture launch within a week, following their World Liberty Financial token. This move aligns with former President Trump’s pro-crypto agenda and signals growing institutional adoption.

ABTC shares surged 90% to $14.52 in initial trading before settling at $9.21, maintaining a 40% gain on debut day
World Liberty Financial (WLFI), the Trump family's other crypto venture, reached $6 billion market cap within days of launch
The Trump family's crypto holdings are estimated at approximately $5 billion, making digital assets among their most valuable investments

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Related Tags: BitcoinBinance

Other Tags: WLFI, Donald Trump Jr., Eric Trump, Hut 8, Nasdaq, World Liberty Financial

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