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Trump-backed bitcoin start-up plans NYSE debut via merger
A bitcoin mining start-up backed by US President Donald Trump’s two eldest sons announced plans this week to go public on the New York Stock Exchange via a merger. American Bitcoin made a deal to be acquired by publicly traded Gryphon Digital Mining Inc. in a stock-for-stock merger transaction. The combined company will operate as American Bitcoin, trading under the symbol “ABTC” and led by American Bitcoin’s management team, according to a release. “Our vision for American Bitcoin is to create the most investable bitcoin accumulation platform in the market,” said co-founder and chief strategy officer ... (full story)