Source: ABC News
“A bitcoin treasury and mining company linked to the Trump family began trading Wednesday on the Nasdaq stock market. American Bitcoin’s listing follows a completed merger with Gryphon Digital Mining. The company is backed by President Donald Trump’s sons, Donald Trump Jr. and Eric Trump. … Public companies accumulating bitcoin as a corporate treasury has become a popular trend in crypto as the world’s most popular digital asset is priced near an all-time high. The parent company of Trump’s Truth Social has also moved to accumulate bitcoin. American Bitcoin said it plans to use ‘self-mining operations and opportunistic bitcoin purchases’ to stand out in a growing field.” (09/03/25)