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Trump-Linked American Bitcoin (ABTC) Stock Falls Below IPO Price After 15% Plunge

Summary by Coin Desk
Shares of bitcoin miner American Bitcoin (ABTC) have dropped below its initial IPO price after falling 15% on Thursday, the day after its debut on the Nasdaq.ABTC was trading at $6.83 a share, down from its IPO price of $6.90.The company, which is 80% owned by Hut 8 and 20% by Donald Trump Jr. and Eric Trump, opened for trading on Wednesday after completing its merger with Gryphon Digital Mining (GRYP). On the same day, the company filed for an …

4 Articles

Eric Trump's and Donald Trump Jr.'s share in American Bitcoin exceeds $1.5 billion after their spectacular stock debut on Wednesday.September 4, 2025.-The bitcoins mining company more than doubled its value, reaching a...

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http://coinprofitnews.com broke the news in on Wednesday, September 3, 2025.
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