- No primary confirmation of American Bitcoin’s NASDAQ plans mentioned.
- Potential impact on crypto markets remains uncertain.
- Leadership roles for Trump family not verified.
American Bitcoin, supported by Donald Trump Jr. and Eric Trump, reportedly aims to purchase an Asia-listed company and complete a NASDAQ reverse merger by September 2025.
However, there are no verified confirmations of these plans or direct involvement from the Trumps, leaving analysts questioning the credibility and potential market impact.
Unverified Merger Plans With Gryphon and NASDAQ Ambition
American Bitcoin has been linked to a reported plan to merge with Gryphon Digital Mining and achieve a public listing on NASDAQ by September 2025. The news, primarily sourced from ChainCatcher, indicates ambitions to build a significant Bitcoin reserve platform. However, a significant information gap remains as no official company announcements have confirmed these plans. Donald Trump Jr. and Eric Trump’s reported involvement lacks verification, casting doubt on the factual basis of these assertions.
If confirmed, these developments could mark major shifts in cryptocurrency reserves and market positioning. However, without official statements from involved parties or regulators, the speculative nature of such unfolding scenarios limits immediate industry and market reactions.
U.S. SEC Chairman, U.S. Securities and Exchange Commission, “Mobilizing all departments to make the U.S. a global cryptocurrency hub.” – ChainCatcher flash news
Bitcoin’s Market Status Amid Speculation
Did you know? Reverse mergers have historically caused price and liquidity volatility in listed BTC mining stocks, but not necessarily in the broader BTC market directly.
As of August 15, 2025, Bitcoin’s market cap is formatNumber(2339123773850.19, 2) with a price of $117,503.24, down -0.72% over 24 hours per CoinMarketCap. Trading volume fell by -35.57%, and BTC maintains 59.04% market dominance within its 19,906,887 circulating supply.
Insights from Coincu’s research team suggest potential crypto regulatory shifts could emerge if endorsement for acquisitions like American Bitcoin’s occurs. Historical patterns imply financial volatility for merger-associated stocks in the crypto industry, highlighting the significance of primary source verifications.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/news/american-bitcoin-nasdaq-listing-plan/