American Bitcoin Readies Nasdaq Listing Post-Merger

American Bitcoin has merged with Gryphon Digital Mining. The merger was completed to bolster its position in the crypto mining industry and offer new opportunities. The merger precedes their listing on Nasdaq under the ticker ABTC in September 2025.

Eric Trump and Donald Trump Jr. co-founded American Bitcoin. Hut 8, holding an ~80% stake, serves as the largest shareholder. Key actions include finalizing the merger and announcing plans for the Nasdaq listing in the month of September.

The crypto community has experienced stock volatility following the merger announcement, with Gryphon stock exhibiting a notable surge followed by a decline. Such fluctuations highlight the market’s mixed reaction and the complexity of predicting future trends.

This merger and upcoming listing are facilitated by Trump-era policies enhancing crypto-market engagement. Institutional support and strategic expansions are expected to influence industry dynamics significantly, reinforcing their global market position.

Gaining a Nasdaq listing is anticipated to increase access to global capital and enhance credibility in the crypto industry. This move illustrates the blend of traditional financial mechanisms intersecting with digital asset innovation.

Insights into the merger focus on potential financial and regulatory impacts. Historically, similar listings with prominent backers have resulted in short-term volatility but largely improved market perception and investment inflows into the crypto sector. Strategic planning becomes crucial.

Eric Trump, Co-founder, American Bitcoin, “We see the opportunity for American Bitcoin to become a leader in bitcoin mining and treasury management globally, particularly as we expand into Asia.” source