At 9:40 a.m. on the 4th, the price of Bitcoin on CoinMarketCap rose 0.36% from the same time the previous day to $112,084 (approximately 1,660
The price was trading at around $110,000 the previous day, but on this day it appears to have recovered to $120,000. American Bitcoin, a US Bitcoin mining company, announced on the 3rd (local time) that it would
American Bitcoin's stock price closed at $8.04, up 17% from its first trading day, and briefly soared to $14 during trading.
The trading volume on the same day was 29 million shares. The first-day trading volume of Circle, which issued the stablecoin USDC and whose stock price has recently soared after being listed on the US stock market (460
This is equivalent to approximately 63% of the total (100 million shares). American Bitcoin, whose Chief Strategy Officer is President Trump's second son, Eric Trump, said, "We are a company with a digital platform worth hundreds of millions of dollars.
"We have a strong mining infrastructure, including a data center," he emphasized. With this listing, the value of Eric Trump's shares is estimated to exceed $500 million. He holds 20% of the shares.
American Bitcoin, which was founded in March this year, merged with mining company Griffon Digital Mining last month. In June, it issued new shares and raised $220 million.
There is a history of raising funds for this project.
2025/09/04 13:05 KST
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