Trump Family-Backed American Bitcoin to Debut on Nasdaq in September

American Bitcoin, a crypto mining company backed by Donald and Eric Trump, is set to list its shares on the Nasdaq in September 2025 through a merger with Gryphon Digital Mining. Hut 8, which controls 80% of American Bitcoin’s stake, will facilitate this move. The debut marks a strategic expansion into Bitcoin mining and has implications for market dynamics, potentially affecting Bitcoin supply and the financial landscape.