Bitcoin Mining Company Surges 85% on Nasdaq Debut: Trump Family Backing Drives Explosive Growth

American Bitcoin (ABTC), a Bitcoin mining company with backing from the Trump family, experienced an explosive debut on the Nasdaq. Shares surged by an impressive 85% in just one day, making it one of the most volatile stocks on record. This surge, fueled by both political symbolism and bullish sentiment in the cryptocurrency market, triggered five trading halts as investors reacted to its high-risk, high-reward potential. The listing is drawing attention from a broad range of investors across different sectors as they capitalize on early entry opportunities in the nascent digital asset space.