WSJ: Trump family-affiliated company American Bitcoin will be listed on Nasdaq under the ticker symbol "ABTC"

ChainCatcher news, according to The Wall Street Journal, American Bitcoin, a Bitcoin mining and reserve company supported by President Trump's two eldest sons, will go public this Wednesday. American Bitcoin will officially list on the Nasdaq Stock Exchange after completing its merger with Gryphon Digital Mining.

Donald Trump Jr. and Eric Trump, along with mining company Hut 8, will collectively own 98% of the shares of the new entity post-merger, which will retain the name American Bitcoin and trade under the ticker symbol ABTC.

Recently, American Bitcoin has also been seeking acquisition targets in Asia to build a Bitcoin asset reserve and has begun discussions with investors regarding potential acquisitions. The company is currently planning to acquire a publicly listed company in Japan and may simultaneously expand into the Hong Kong market. According to insiders, the company intends to emulate the MicroStrategy model by building a cryptocurrency reserve platform through the acquisition of publicly listed companies.