Trump-Backed Bitcoin to List on Nasdaq in September: Implications for Market Price

American Bitcoin, a venture backed by Donald Trump Jr. and Eric Trump, is set to list its shares on the Nasdaq as soon as next month. The company has raised $220 million in funding and holds 215 Bitcoin (BTC) in its treasury as it merges with Gryphon Digital Mining. This move brings significant bullish implications for Bitcoin’s market price. The Trump backing, combined with substantial institutional investment through the merger, strengthens Bitcoin’s position as a reserve asset driving demand.