logo

Trump's Son Holds American Bitcoin Shares Worth Up to $367 Million

By: theblockbeats.news|2025/07/31 14:42:21

BlockBeats News, July 31st, according to Bloomberg, Eric Trump, the son of former President Donald Trump, holds a significant amount of stock in American Bitcoin, a company he co-founded with others in March of this year. According to securities filings submitted on Tuesday, his stake will convert into approximately 367 million new shares of Nasdaq-listed company Gryphon Digital Mining Inc. The Gryphon's stock price on Thursday was around $1, and his holdings could be worth $3.67 billion when they are listed in the coming weeks as part of a merger. The merged company will be renamed American Bitcoin.

Bernstein: Crypto Bull Market Cycle Still 'Early Stage'
TACEO Completes $5.5M Seed Round Funding, with a16z CSX Participation

You may also like

Share
copy

Gainers

Latest Crypto News

17:45

A certain whale address has deposited 10 million U into HyperLiquid, initiating a 20x ETH long position.

17:15

Coinbase to List Rayls (RLS)

16:45

Spot Silver Surges Over 3% Intraday

16:45

Circle minted 7.5 billion USDC on the Solana network in the last 5 minutes.

16:15

In the past 4 hours, the entire network has seen $320 million in liquidations, with most of them coming from long positions.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]