The Wall Street Journal

Trump Brothers-Backed Bitcoin Mining Company Surges After Nasdaq Listing

American Bitcoin’s public listing comes days after the Trump family made as much as $5 billion on paper from a separate digital token

Eric Trump, Donald Trump Jr. and American Bitcoin CEO Matt Prusak at a Las Vegas conference this year.
Eric Trump, Donald Trump Jr. and American Bitcoin CEO Matt Prusak at a Las Vegas conference this year. Photo: Roger Kisby for WSJ

American Bitcoin, a bitcoin mining and accumulation business backed by President Trump’s two eldest sons, jumped on its first day of trading Wednesday as investors scooped up shares of the Trump-linked crypto venture.

The details 

American Bitcoin debuted on the Nasdaq Stock Market after completing its merger with Gryphon Digital Mining.

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