American Bitcoin Listed on Nasdaq

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Hey crypto trailblazer, 👋

American Bitcoin, backed by the Trump’s family, is now trading on Nasdaq. Let’s unpack what that launch revealed.

🚀 American Bitcoin Debuts on Nasdaq

• American Bitcoin Corp., backed by Eric Trump and Donald Trump Jr., began trading under ticker ABTC following its merger with Gryphon Digital Mining.
  

• Shares briefly surged 110%, hitting an intraday high of about $14.50, before settling around $8. That pegs its market cap near $7 billion, with the Trump brothers’ combined stake now worth over $1.5 billion.
  

• The company follows a “Bitcoin accumulation” strategy that blends self-mining and market purchases, designed to scale its coin reserves cost-efficiently.
  

Why it matters: American Bitcoin joins a growing list of public companies treating Bitcoin as a reserve asset. The Nasdaq debut cements Bitcoin’s place in mainstream finance and offers a new way to invest in the sector without a crypto exchange account required.

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Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.