tz-plus logo American Bitcoin: Trump Sons Celebrate Spectacular Market Debut

D. Bußmann
Reading Time: 4 minutes

American Bitcoin has made its stock market debut on Nasdaq – and immediately caused a stir. The company, co-founded by Eric Trump in the spring and brought public through a merger with Gryphon Digital Mining, started under the ticker ABTC . Unlike a classic IPO, it was a listing via merger, but the effect was the same: investors and media were captivated by the first trading day. Rapid price movements on the first day American Bitcoin opened trading on Wednesday at $9.22 . By early afternoon, the stock was temporarily trading 39% higher at...

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