American Bitcoin’s Nasdaq listing is expected in September after a near-complete merger with Gryphon Digital Mining, CEO Asher Genoot said. Hut 8 owns 80% of American Bitcoin, Eric Trump and Donald Trump Jr. are expected to own 19%, and the company trades under ticker ABTC once listed.
Merger status: nearly complete; Nasdaq target: September
Hut 8 owns 80% of American Bitcoin; Trump family stake expected at 19%
Company holds 215 BTC (sec filings); Bitcoin valuation estimate based on CoinGecko pricing
American Bitcoin Nasdaq listing: merger nearly complete and ABTC set for September—learn the latest ownership, holdings, and market context. Read more.
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American Bitcoin Nasdaq listing is expected in September after the merger with Gryphon Digital Mining reaches closing, Hut 8 CEO Asher Genoot told Reuters. The company plans to trade under the ticker ABTC once regulatory and exchange approvals are finalized.
The merger is described as nearly complete by Hut 8 CEO Asher Genoot in comments to Reuters. Hut 8 owns 80% of American Bitcoin; the Trump family is set to hold about 19% after closing.
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Source: https://en.coinotag.com/american-bitcoin-merger-with-gryphon-nears-completion-nasdaq-listing-targeted-for-september-hut-8-ceo-says/