American Bitcoin, Minera Bitcoin of the Trump, advances in his plan to debut in Nasdaq

By Hannah Pérez

American Bitcoin, an Hut 8 subsidiary backed by Eric Trump, advances in its plan to become a public company in the US. It is part of a broader list of cryptocurrency companies looking for IPO this year.

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American Bitcoin prepares for a fusion voting that will determine its exit to Nasdaq.
The Bitcoin Mining Company is an HUT 8 subsidiary backed by Donald Trump’s son, Eric Trump.
It is part of a growing list of cryptocurrency signatures that seek to make public in the US.

American Bitcointhe mining company Bitcoin Backed by Donald Trump’s family, he is advancing in his plans to go to the stock market in the United States now that they have initiated voting on a merger agreement.

The shareholders of Gryphon Digital Mining have begun to vote on the fusion proposal with American Bitcoinwhich would form a new public cryptocurrency company, as I have reported on Wednesday the news agency The Block.

Launched in March from an association with the miner of cryptocurrencies, Hut 8, American Bitcoin It is a cryptocurrency mining company, with a treasury strategy Bitcoinco -founded by Eric Trump, son of the president of the United States. who has the objective of becoming the miner of Bitcoin “larger and efficient in the world”

American He was born from fusion with American Data Centersa company formed by a group of investors that include Trump’s children. Hut 8 maintains an 80% participation in the company, and the remaining 20% is in the hands of American Data Centers.

Shortly after its launch, American Bitcoin He had shared his intention to publicly leave the US stock market through a merger. According to reports, the company has allied with Gryphon Digital Mininga mining company Bitcoin Based in Las Vegas that already quotes in Nasdaq, for the public debut.

It is expected that, once merged, American Bitcoin Cotice at the Nasdaq under the ABTC symbol. If approved by the shareholders, the transaction could close in early September 2025, according to the report.

American Bitcoin on the IPO crypt list

The news comes when a growing list of American companies in the cryptocurrency industry and Blockchain They seek to quote their actions on the stock exchange. The interest of companies to become public is partly motivated by the perspective of regulatory clarity and support for the sector that the administration of President Trump has offered.

Circleissuer of the Stablecoin USDC had a successful debut in the New York Stock Exchange in June, with the price of its CRCL shares up more than 200% in the launch. Since then, other industry companies such as Kraken, Gemini, Grayscale, Bitgo and Bullishalso They have presented the paperwork for an initial public offer (IPO) in the US.

This week we report that Figure, that specializes in credit products Blockchainintroduced his paperwork for a confidential IPO, joining the list of companies in the sector with ambitions to quote their actions in the stock market.

The actions of Gryphon 0.41% fell on Wednesday in the middle of the news, according to data from Google Finance.

Hannah Estefanía Pérez / Diariobitcoin

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