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Eric Trump’s American Bitcoin going public in latest crypto move by president’s family

From cnbc.com

The bitcoin mining company backed by President Donald Trump’s sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining. The combined company, American Bitcoin, will trade under the ticker symbol “ABTC,” with the transaction expected to close as early as the third quarter of 2025. Existing stockholders of American Bitcoin, including the president’s two eldest sons, will own about 98% of the new entity. It is the latest high-profile move from the Trump family’s growing crypto empire, which already includes the controversial $TRUMP meme coin that is ... (full story)

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