Trump Family’s Bitcoin Venture Surges Following $170M Investment

American Bitcoin, a company backed by Donald Trump Jr. and Eric Trump, experienced a 12% surge in its share price following a significant investment of $170 million, marking the company’s Nasdaq debut. The merger with Gryphon Digital Mining contributed to this increase, bolstering Bitcoin’s position within mainstream finance. This new capital injection signifies growing institutional interest in cryptocurrency and potentially sets a precedent for other companies seeking to integrate bitcoin into their treasury strategies.