• CONTACT
  • MARKETCAP
  • BLOG
Coin Mela Coin Mela
  • Home
  • News
    • All News
    • Bitcoin
    • Ethereum
    • XRP
    • Altcoins
    • NFT
    • Blockchain
    • Web3
    • DeFi
    • Finance
    • Stocks
    • Company
  • Learn
  • Market
  • Advertise
Reading: American Bitcoin Soars on NASDAQ Debut, Plans to Raise $2.1 Billion
Share
  • bitcoinBitcoin(BTC)$60,619.00
  • ethereumEthereum(ETH)$1,779.03
  • tetherTether(USDT)$1.00
  • binancecoinBNB(BNB)$582.65
  • rippleXRP(XRP)$1.16
  • usd-coinUSDC(USDC)$1.00
  • solanaSolana(SOL)$73.89
  • tronTRON(TRX)$0.268554
  • staked-etherLido Staked Ether(STETH)$2,260.93
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.00
CoinMelaCoinMela
Font ResizerAa
  • Home
  • News
  • Learn
  • Market
  • Advertise
Search
  • Home
  • News
    • All News
    • Bitcoin
    • Ethereum
    • XRP
    • Altcoins
    • NFT
    • Blockchain
    • Web3
    • DeFi
    • Finance
    • Stocks
    • Company
  • Learn
  • Market
  • Advertise
Have an existing account? Sign In
Follow US
© Coin Mela Network. All Rights Reserved.
Company

American Bitcoin Soars on NASDAQ Debut, Plans to Raise $2.1 Billion

News Desk
Last updated: September 7, 2025 12:48 pm
News Desk
Published: September 7, 2025
Share
Trump Backed American Bitcoin Goes Public in Big Nasdaq Launch
Credits: 99bitcoins.com

In a notable entry into the public markets, American Bitcoin, a mining and treasury firm managed by the Trump brothers, experienced a remarkable debut after merging with Gryphon Digital Mining. The company’s stock nearly doubled within the first hour of trading, leading to multiple trading halts prompted by the rapid price surge. By the end of the day, the stock settled at a 16% increase from its initial offering price.

Immediately following this enthusiastic launch, American Bitcoin announced plans to raise $2.1 billion through new share offerings. The firm intends to utilize these funds for expanding its mining operations, purchasing additional Bitcoin, and facilitating broader growth initiatives. This ambitious fundraising effort underscores American Bitcoin’s intent to establish a significant presence in the cryptocurrency sector right from the start.

Ownership of the company remains predominantly with the Trump brothers, supported by the mining company Hut 8, which ensures a focused and controlled decision-making process as the company navigates its growth trajectory under heightened visibility. American Bitcoin’s operational strategy is to mine Bitcoin, build reserves, and invest in more of the asset when market conditions are favorable. This dual approach positions the company not only as a Bitcoin producer but also as a long-term holder, aiming to enhance its balance sheet over time.

The political implications of the Trump name are not lost on observers, with many taking note of the increased attention from both investors and the media. While some anticipate potential innovations, others voice concerns regarding possible conflicts of interest. Regardless, the company appears undeterred, pushing forward with its strategic objectives.

Eschewing the traditional IPO route, American Bitcoin opted for a merger to expedite its entry into the Nasdaq, granting it immediate market access along with substantial visibility. This approach has elicited a swift and positive response from investors, indicating continued enthusiasm within the cryptocurrency realm.

As the company embarks on its fundraising activities, it faces the challenge of demonstrating its ability to deliver on its promises amid the market’s scrutiny. The attention garnered from both the public and political spheres adds pressure to achieve tangible results quickly.

American Bitcoin’s debut marks a pivotal moment not only for itself but also for the broader landscape of crypto-related enterprises striving to bridge the gap between digital currencies and traditional financial sectors. The company’s future performance will dictate whether this model will endure or simply be another fleeting chapter in the volatile crypto market narrative.

Bitget Wallet Sees Surge in Onchain Activity as Crypto Adoption Expands in 2025
Comprehensive Bitget Exchange Review: Features, Security, and Trading Insights
MoonPay Integrates with Axiom to Simplify Crypto Payments for Users
OpenSea to Double Trading Fees Ahead of SEA Token Launch
Bitcoin Breaks Correlation with Nasdaq 100 as It Faces Decline
Share This Article
Facebook Whatsapp Whatsapp
ByNews Desk
Follow:
CoinMela News Desk brings you the latest updates, insights, and in-depth coverage from the world of cryptocurrencies, blockchain, and digital finance.
Previous Article f47e2390 8a66 11f0 bfeb 7e70287d92b9 C3.ai Founder Warns of Crazy Valuations Amid AI Stock Pressure
Next Article 108140450 1746280836810 Screenshot 2025 05 03 at 95704 AM Buffett Frustrated by Kraft Heinz Split, Stock Under Pressure
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News
bitcoin miners decrypt style 01 gID 7
Bitcoin Plummets Below $63,000 Amid Rising Mining Costs and $2 Billion in Liquidations
JTX4D3UL2RAFNOSWP25SGMQHL4
Pizza Hut Plans to Close 250 Locations as Part of Restructuring Efforts
108261880 1770299289516 IMG 9974
Stock Futures Retreat as Amazon Shares Tumble After Earnings Report
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Coin Mela Coin Mela
CoinMela is your one-stop destination for everything Crypto, Web3, and DeFi news.
  • About Us
  • Contact Us
  • Corrections
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Advertise with Us
  • Quick Links
  • Finance
  • News
  • Company
  • Stocks
  • Bitcoin
  • XRP
  • Ethereum
  • Altcoins
  • Blockchain
  • DeFi
© Coin Mela Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?