The first appearance of American Bitcoin eyes in September: Report star-news.press/wp


American Bitcoin, a Bitcoin mining company supported by the two sons of US President Donald Trump, is preparing to start trading on the Nasdaq Stock Exchange in early September after completing the merger with Griffon Digitter mining.
The company obtained both the traditional and traditional institutional investors of the All-Stock, ASher Genot, CEO of HUT 8, which has 80 % of the American bitcoin, Reuters said In an interview.
The anchor shareholders have already been lined up for the first time.
Once the merger is complete, the American Bitcoin will keep its names and circulation under the TECKER ABTC.
Trump brothers and peaches 8 maintain semi -combat control over the American bitcoin after the merger
Participating founders will carry Eric Trump and Donald Trump Junior, with hot 8, 98 % of the entity.
Genot told Reuters that the team chose to integrate instead of a direct list. He said that the path gave the company the best access to financing by taking advantage of the current business related to capital markets.
The Financial Times reported that the American Bitcoin explores the acquisitions of Hong Kong and Japan to expand its scope, according to the Financial Times earlier this month. Genot stressed that the company is evaluating opportunities actively in Asia, with the aim of giving investors the broader access to bitcoin associated behind the United States.
He said that although the discussions are underway, no firm obligations were made. He added that the focus is to create options for investors who cannot buy coding shares listed in NASDAQ directly due to local restrictions.
American Bitcoin, born from HUT 8 strategic shift to infrastructure
Founded earlier this year, the American Bitcoin appeared from the Hut8 axis away from pure encryption mining to energy infrastructure and data centers. The new project, which was created in partnership with The Trump Brothers, is now setting itself as a global Bitcoin with aspirations to expand through acquisitions and partnerships.
The strategy was described as reflecting the approach of the large bitcoin companies listed in the United States that use stock financing and incorporation to accelerate growth. Genot said that the goal is to build a vehicle that can appeal to both institutional investors and retail dealers who are looking for bitcoin through organized stock exchanges.
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2025-08-28 07:32:00