Bitcoin News

Story: Trump-Backed American Bitcoin Ends Nasdaq Debut With 16% Gain Despite Volatile Start

By James Thorp

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A Rollercoaster Opening Day. American Bitcoin’s debut was anything but calm. The stock surged to a peak of $13.

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Trump Family’s Expanding Crypto Footprint. The Trump family’s connection to cryptocurrency is rapidly deepening.

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Eric Trump Defends the Venture. While critics have raised questions about whether American Bitcoin could be seen as leveraging…

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A Dual Strategy: Mining and Buying Bitcoin. Looking ahead, American Bitcoin plans to both mine and purchase Bitcoin, depending on market…

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Political and Market Implications. The debut of American Bitcoin arrives at a time when cryptocurrency is playing an increasingly…

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American Bitcoin, a new cryptocurrency mining company backed by Eric Trump and Donald Trump Jr.

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The company, formerly known as Gryphon Digital Mining, underwent a merger before its public debut.

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This volatile first session highlights the high-stakes environment where politics, cryptocurrency, and public markets intersect.

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American Bitcoin’s debut was anything but calm. The stock surged to a peak of $13.20 in the morning, representing a 91% jump, before sliding back to an afternoon low of $6.72.

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Despite these swings, the company ended its first day solidly in the green, a fact that Eric Trump—American Bitcoin’s co-founder and strategy chief—described as the result of…

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Trump emphasized that he entered the crypto sector after holding Bitcoin personally for years and witnessing its growing global adoption.

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The Trump family’s connection to cryptocurrency is rapidly deepening. American Bitcoin marks their second major crypto-linked project to gain attention this week.

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While WLFI has lost more than 30% of its initial value since its debut, it still represents a bold push by the Trump family into tokenized assets.

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American Bitcoin now joins that ecosystem as a mining and holding entity, owning more than 2,400 BTC—placing it among the top 30 public companies with the largest Bitcoin reserves.

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While critics have raised questions about whether American Bitcoin could be seen as leveraging President Trump’s crypto-friendly stance for financial gain, Eric Trump dismissed…

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