<ul data-eligibleForWebStory="false"><li>American Bitcoin, a subsidiary of Hut 8 Mining, secures $220 million in a private stock sale to expand its Bitcoin mining operations and strengthen its BTC holdings.</li><li>Backed by the Trump family, including Eric Trump, the company plans to go public by merging with Gryphon Digital Mining and trading as ABTC on Nasdaq.</li><li>The involvement of Wall Street investors in crypto-linked public companies like Coinbase, Circle, and Robinhood signals a significant shift towards investing in cryptocurrencies and mining platforms.</li><li>Besides Bitcoin mining, the Trump family is actively involved in crypto, managing assets worth over $180 million in Ethereum through their World Liberty Financial DeFi platform.</li></ul>

American Bitcoin, Led by Eric Trump, Raises $220 Million to Boost BTC Holdings

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