Trump Family Mining Firm American Bitcoin Applies to Raise Up to $2.1 Billion through a Market Price Offering

BlockBeats News, September 3rd, the Trump family-owned Bitcoin mining company American Bitcoin has applied to raise up to $2.1 billion through a market price offering.

American Bitcoin, which will debut this Wednesday, will be officially listed on the Nasdaq Stock Exchange after completing a merger with Gryphon Digital Mining.

Donald Trump Jr, Eric Trump, and mining company Hut 8 will collectively own 98% of the new entity formed after the merger. The new entity will retain the name American Bitcoin and will trade under the stock symbol ABTC.