The post Trump-Backed American Bitcoin Set to Go Public in 2025 appeared first on Coinpedia Fintech News American Bitcoin Corp ., the Bitcoin mining company backed by Eric Trump, has announced it will go public through a merger with Gryphon Digital Mining, a company already trading on the Nasdaq. Once the deal is complete, the combined company will operate under the American Bitcoin name and trade with the ticker “ABTC.” “ Our vision for American Bitcoin is to create the most investable Bitcoin accumulation platform in the market,” said Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin. Gryphon is a U.S.-based company focused on entering both bitcoin mining and AI. If all goes as planned, the transaction could be finalized by Q3 2025, with American Bitcoin’s current shareholders expected to own around 98% of the combined company. The leadership team from American Bitcoin will continue to lead the business after the merger. Trump Family Expands Crypto Ambitions The latest move shows how Trump’s family is increasingly leaning towards crypto. After trying with projects like World Liberty Financial and memecoins like TRUMP and MELANIA, they have now turned to large-scale Bitcoin mining and building strategic Bitcoin reserves . Hut 8 Corp., which launched American Bitcoin earlier this year in partnership with Eric Trump, will also benefit from the merger. Their goal is to build the “world’s largest, most efficient pure-play Bitcoin miner”, while also building a strong Strategic Bitcoin Reserve. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Trump Meme Competition Closes: Result for the Top 220 $TRUMP Holders Invited to Donald Trump’s Dinner Released , CEO of Hut 8, Asher Genoot, believes that the move will unlock capital for further growth, while keeping the company’s finances strong, and will also give investors a chance to profit from Bitcoin’s long-term potential . Earlier this year, Dominari Holdings announced a new project called American Data Centers to create computing systems for the AI industry. Eric Trump and Donald Trump Jr. are also investors in the project, and Eric is also on the advisory board of Dominari Holdings. 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Yes, Eric Trump co-founded American Bitcoin, a mining firm set to go public via a merger with Gryphon Digital Mining by Q3 2025. How is the Trump family involved in cryptocurrency? The Trump family, via Eric Trump, is expanding into crypto with American Bitcoin, World Liberty Financial, and memecoins like TRUMP and MELANIA. Why is the Trump family investing in crypto? The Trump family is expanding into crypto through mining, memecoins, and AI infrastructure, aiming to shape the U.S. crypto landscape.
