American Bitcoin has just made a sensational debut on the Nasdaq. Listed since Wednesday under the ticker ABTC, the company saw its stock surge by 60% in a single session, jumping from $6.90 to $11. Behind this launch is a project spearheaded by Donald Trump Jr. and Eric Trump, combining Bitcoin mining and BTC treasury strategy.
American Bitcoin d&#rsquo;Eric Trump et Donald Trump Jr réussit son lancement au Nasdaq
American Bitcoin, fueled by Donald Trump Jr. and Eric Trump, has successfully launched on the Nasdaq
🚨 American Bitcoin, a BTC mining and accumulation company supported by Trump’s two eldest sons, is preparing to list its shares on the stock market today, according to WSJ. pic.twitter.com/LrvTcDmlQR
— Coin Academy (@coinacademy_fr) September 3, 2025
A giant deal in the first week
Freshly introduced to the stock market, the company has already announced a massive fundraising plan: up to $2.1 billion through a continuous equity offering. The goal is to enhance its mining capabilities and bolster its Bitcoin war chest. At the time of its merger with Gryphon Digital Mining, American Bitcoin already held 2,443 BTC, approximately $160 million at current prices.
In a market where cryptocurrency treasury is becoming a strategic asset, this announcement places ABTC in the league of players like Marathon Digital or MicroStrategy, who use their balance sheets as a Bitcoin reservoir.
A rapid build and strategic support
American Bitcoin’s rise to power is meteoric. Established last March through a combination of Trump’s American Data Centers and Canadian miner Hut 8, the company is now 80% controlled by Hut 8. This alliance has enabled a direct entry into the elite circle, combining energy prowess and media strategy propelled by the Trump name.
The model is simple yet powerful: mine Bitcoin while holding onto the BTC obtained instead of selling immediately. A strategy that plays on two fronts: capturing the immediate profitability of mining activity and benefiting from the potential rise in the BTC price.
A symbol for the American market
Beyond the numbers, this IPO has political and media significance. The presence of Donald Trump’s sons in a Nasdaq-listed project gives new legitimacy to Bitcoin in the United States, at a time when regulatory debates are more intense than ever.
With Bitcoin now trading around $111,000, American Bitcoin’s strategy takes on an even more explosive dimension. If the company manages to achieve its funding goals and accumulate several thousand additional BTC, it could quickly become one of the largest corporate holders on the planet.
In a market dominated by mining giants and renowned crypto treasuries, the arrival of ABTC with the Trump brand has all the makings of a shockwave.
