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American Bitcoin Corp. (ABTC) is set to make its debut on the Nasdaq today, marking another significant milestone in the growing intersection of traditional finance and Bitcoin. The company, backed by Eric Trump and Donald Trump Jr., represents a unique Bitcoin accumulation platform that combines mining operations with strategic market purchases.
The company’s public listing comes through a stock-for-stock merger with Gryphon Digital Mining, Inc., establishing what aims to be one of America’s premier Bitcoin infrastructure platforms. The venture is majority-owned by Hut 8 Corp. (Nasdaq | TSX: HUT), which contributed the majority of its Bitcoin mining ASICs in exchange for an 80%…
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