Trump Family's Stake Swells To $1.46 Billion As American Bitcoin Makes Stock Market Debut

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• Trump Family's Stake Swells To $1.46 Billion As American Bitcoin Makes Stock Market Debut</p>

<p>Aniket VermaSeptember 4, 2025 at 12:14 AM</p>

<p>0</p>

<p>Trump Family's Stake Swells To $1.46 Billion As American Bitcoin Makes Stock Market Debut</p>

<p>Bitcoin (CRYPTO: BTC) mining firm American Bitcoin Corp. (NASDAQ:ABTC) surged in its public market debut on Wednesday, resulting in billions worth of stake for Eric Trump and Donald Trump Jr.</p>

<p>ABTC shares are powering higher on strong volume. Get the details here.</p>

<p>American Bitcoin Makes An Impressive Debut</p>

<p>The stock more than doubled in value, reaching an intraday high of $14.52 before falling back to be slightly over $8 at the end of the session.</p>

<p>Based on the 908.58 million outstanding shares that American Bitcoin declared in an SEC filing, the firm finished the trading day at a valuation of $7.30 billion.</p>

<p>Eric Trump, listed as the company co-founder and chief strategy officer, and his elder brother Donald Trump Jr., own nearly 20% of the shares, according to Reuters, potentially valuing their stake to $1.46 billion.</p>

<p>See Also: Bitcoin Sets New All-Time High At $124,000 As Record-Breaking Surge Continues</p>

<p>Another Company With A Bitcoin Treasury</p>

<p>American Bitcoin, a subsidiary of Hut 8 Corp. (NASDAQ:HUT), went public via a reverse merger with Nasdaq-listed miner Gryphon Digital Mining. The merger deal was structured as a stock-for-stock transaction.</p>

<p>American Bitcoin is already building its own "strategic" Bitcoin reserve and currently holds 2,443 BTC, worth $273 million, according to Bitcointreasuries.net.</p>

<p>However, unlike popular Bitcoin treasury companies like Strategy Inc. (NASDAQ:MSTR), American Bitcoin generates new BTC through mining.</p>

<p>Trump Family Deepens Crypto Involvement</p>

<p>The listing was just another clear example of the Trump family's expanding engagements with the cryptocurrency sector.</p>

<p>The family-backed decentralized finance venture, World Liberty Financial, launched its governance token, WLFI, for trading earlier this week. The Trumps have reportedly seen a staggering $5 billion increase in their paper wealth following the trading debut</p>

<p>Price Action: At the time of writing, BTC was exchanging hands at $110,731, up 0.71% in the last 24 hours, according to data from Benzinga Pro.</p>

<p>American Bitcoin shares popped 5.10% in after-hours trading after closing 16.52% lower at $8.04 during Wednesday's regular trading session.</p>

<p>Meanwhile, Strategy's stock exhibited a high Momentum score as of this writing. Visit Benzinga Edge Stock Rankings to see how it compares with other Bitcoin holding companies on Wall Street.</p>

<p>Photo Courtesy: OMG_Studio on Shutterstock.com</p>

<p>Read Next:</p>

<p>Eric Trump Says The Trumps Didn't Have A 'Choice' But To Embrace Crypto After They Were Debanked</p>

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<p>This article Trump Family's Stake Swells To $1.46 Billion As American Bitcoin Makes Stock Market Debut originally appeared on Benzinga.com</p>

<p>© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.</p>

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