American Bitcoin, supported by Trump's son, will be listed on Nasdaq in September

ChainCatcher news, according to Jinshi reports, American Bitcoin, a Bitcoin miner supported by two sons of President Trump, has locked in cryptocurrency and traditional investors and plans to go public through a full stock merger, expected to begin trading on Nasdaq in early September.

Hut 8 CEO Asher Genoot stated that the merger with Gryphon Digital Mining is about to be finalized, with Hut 8 holding an 80% stake in American Bitcoin. The newly formed company will retain the name American Bitcoin and will trade under the stock code ABTC.