American Bitcoin Joins Nasdaq Backed by Eric and Donald Trump Jr.
American Bitcoin officially began trading on Nasdaq on September 3, 2025, marking a pivotal moment for the company's presence in the crypto space and U.S. capital markets. This milestone follows its completed merger with Gryphon Digital Mining, strengthening its foothold in bitcoin mining operations.
The venture is notably backed by prominent figures Eric Trump and Donald Trump Jr., with Eric Trump serving as co-founder and chief strategy officer. Eric Trump emphasized that the listing represents a significant advancement in integrating bitcoin into mainstream U.S. financial markets.
American Bitcoin's business model combines self-mining strategies with opportunistic bitcoin purchases, positioning the company to build substantial cryptocurrency holdings. This approach aligns with a broader trend of public companies actively acquiring bitcoin as part of their asset portfolios, especially as bitcoin's price approached all-time highs at the time of the listing.
The Trump family's growing crypto projects have pushed their crypto-related holdings to billions of dollars on paper, further fueling market interest and confidence in the space.
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