American Bitcoin made a high-profile debut on the Nasdaq today, trading under the ticker symbol ABTC. Eric Trump announced on X that American Bitcoin (ABTC) officially started trading on the Nasdaq today at 9:30 AM EST.
“I have put a tremendous amount of love and energy into AmericanBTC over the past 12 months. It is a huge honor to be listed on the Nasdaq and begin trading today! he posted.
The company, which focuses on building America’s Bitcoin infrastructure, said in a press release that the trading started after completing a stock-for-stock merger with Gryphon Digital Mining.
The firm offers institutional-grade exposure to Bitcoin through a model that combines scaled Bitcoin mining and disciplined accumulation strategies.
Trump Family’s Expanding Crypto Footprint
“Today, American Bitcoin becomes a premier public vehicle for investors seeking scalable, singular exposure to the defining asset class of our time,” Eric Trump said. He added that the Nasdaq debut represents a historic step in bringing Bitcoin into the heart of U.S. capital markets.
Donald Trump Jr., a stockholder in American Bitcoin, emphasized the project’s core values. “American Bitcoin embodies the values that define American strength: freedom, transparency, and independence,” he stated.
“With our Nasdaq listing, we are elevating this mission onto the global stage, giving investors a vehicle we believe will strengthen the U.S. financial system and help build a more resilient national economy.”
Additionally, Asher Genoot, Executive Chairman of American Bitcoin and CEO of Hut 8 Corp., explained the company’s strategy. “With the backing of the public markets, we believe American Bitcoin is now positioned to set the standard in Bitcoin accumulation,” he said.
Trump Family Deepens Crypto Ties
Meanwhile, the Trump family has been making bold moves across the crypto sector. On Monday, World Liberty Financial, another project backed by Eric Trump and Donald Trump Jr., began trading, adding about $5 billion to its paper wealth.
Soon after, Crypto.com announced a $6.4 billion crypto treasury deal with the Trump family’s media company, which also plans to create a $2 billion Bitcoin reserve.
American Bitcoin’s Nasdaq debut signals a new era for U.S. Bitcoin firms. Furthermore, the Trump family’s growing cryptocurrency business may change the country’s financial scene and attract political attention.
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