American Bitcoin, a mining venture co-founded by Eric Trump and Donald Trump Jr., is preparing for his famous Wall Street debut.
This will be added to the list of crypto companies publicly available in the US, riding on the scope of regulations under the Trump administration.
American Bitcoin IPO: Everything You Need to Know
The company, backed by the Canadian mining giant Hat8, is set to go public through an all-stock merger with Griffon Digital Mining. The deal will begin at NASDAQ under Ticker ABTC in early September.
If successful, the move could position American Bitcoin as one of the most popular players in the Bitcoin mining sector. It would give traditional investors a regulated means of exposure to scale to asset classes.
The upcoming list will focus on a merger with existing NASDAQ company Gryphon Digital Mining. This route allows American Bitcoin to bypass the long IPO process and take advantage of its existing funding structure.
“We thought there would be more benefits to fundraising if there are existing companies that already have access to different fundraising instead of revealing directly via an IPO,” Reuters quoted Hut 8 CEO Asher Genoot at the Bitcoin Asia Conference in Hong Kong.
After the merger, Eric Trump, Donald Trump Jr., and Hatt8 will collectively manage 98% of the company. Hut 8, on the other hand, holds 80%.
This overwhelming majority positions the Trump family and the Hut8 as the dominant force of the new organization. Together, they guide their strategy and long-term vision.
Anchor Investors is already locked, including Gemini co-founders Tyler and Cameron Winklevoss, who support the venture.
Strategic Ambition and Expansion Plans
American Bitcoin wants to become a Bitcoin miner worldwide by strategically accumulating BTC via hash power and purchases.
This hybrid strategy, accompanied by some mining and some Treasury accumulation, has an operational mining backbone, but reflects the company Bitcoin playbook of MicroStrategy and Japan’s Metaplanet.
The company is also exploring international opportunities. Genoot confirmed that American Bitcoin is considering purchasing crypto assets and acquiring shares in Hong Kong and Japanese companies.
“Now, it’s very early, so we’re not committed to anything,” Genoot said, indicating that the expansion is gradual but intentional.
Eric Trump has participated in a major crypto industry gathering, including Hong Kong’s Bitcoin Asia, and is currently in Tokyo for a Metaplanet event. According to Genoot, his involvement focuses primarily on strategy, particularly mining development and financial policy.
Trump Factors and Political Overhangs
Meanwhile, the Trump family’s involvement inevitably casts a political dimension on the rise of Bitcoin in America. President Donald Trump has been frank about his support for Bitcoin and crypto policy during his administration. His son’s deep connection with the sector raises concerns about conflicts of interest.
Critics argue that while promoting encryption-friendly regulations, the Trump family directly benefits through ventures such as American Bitcoin and Trump media.
The White House has rejected such claims, and Genoot stresses that the American Bitcoin business has nothing to do with the government. For supporters, Trump’s integrity with the industry represents a tailwind for America’s reliability and regulatory position.
It presents unique synergistic possibilities that can enhance operational efficiency and market coverage.
If everything goes on as planned, US Bitcoin will begin trading in early September. This would expose investors to Trump-related Bitcoin mining giants regulated under the Ticker ABTC.
With the ambition of secured Anchor shareholders and concentrating majority control on Trump’s hands and shed 8 and expanding internationally, the company has established itself as a mining powerhouse and a Bitcoin accumulation vehicle.
This list is due to a surge in institutional appetite for Bitcoin exposure. However, energy costs, regulatory headwinds and bankruptcy of the bear market have tested trust in miners.
But Trump’s name, deep supporters, hybrid mining strategies, and direct BTC purchases could make American Bitcoin stand out. Analysts say the venture suggests Wall Street is about to meet “Orange Coin” again. But this time there is the Trump dynasty behind it.
The debut of American Bitcoin’s NASDAQ: List, Strategies and Trump’s Factors first appeared in Beincrypto.
