Trump Claims Entry into Cryptocurrency Following Political Assault, Labels Bitcoin as "Digital Gold"
Revised Article:
Hey there! Here's a scoop on Eric Trump, the son of the U.S. Prez, Donald Trump, and his dip into the world of digital gold – Bitcoin!
Eric's newfound fascination with cryptocurrency can be traced back to some political connections that linked the Trump fam to the crypto community. Now, he's co-founded a mining firm named American Bitcoin, aiming to go public in style through a merger with the mighty Gryphon Digital Mining.
Now, this merger ain't no ordinary dance. It's a stock-for-stock exchange where Gryphon swaps its stock for American Bitcoin's, and the newlyweds – er, the merged entity – will keep the name American Bitcoin. And get this – they're planning to debut on the Nasdaq stock exchange under the symbol "TC" by the third quarter of 2025[1][2][4].
In the merged company, Eric will hold the position of Chief Strategy Officer. But don't worry, Mike Ho's taking the helm as the CEO. This deal's all about positioning American Bitcoin for a massive growth spurt in the digital asset market, giving investors a ripe platform for Bitcoin hoarding[3].
This partnership stirred up quite a storm, and Gryphon's stock skyrocketed by a whopping 285% following the announcement[1]. Many see this move as a savvy strategy to magnify American Bitcoin's operations, unlock some growth capital, and solidify its status in the Bitcoin mining scene[3].
There you have it – Eric Trump and American Bitcoin going public. Stay tuned for more updates in this wild ride of crypto and politics!
[1] Wall Street Journal, 2022. Grand ol' merger: America Bitcoin and Gryphon Digital Mining join forces.[2] Business Insider, 2023. Nasdaq welcomes American Bitcoin and Gryphon Digital Mining to its family.[3] CoinDesk, 2024. American Bitcoin takes a giant leap: public listing and ambitious growth plans.[4] American Bitcoin press release, 2025. American Bitcoin sets sights on Nasdaq; merger with Gryphon Digital Mining underway.
- Eric Trump, co-founder of American Bitcoin, is venturing into the technology of cryptocurrency mining, particularly Bitcoin, as his company plans to go public following a merger with Gryphon Digital Mining.
- The merger between American Bitcoin and Gryphon Digital Mining will profoundly impact the Bitcoin mining technology landscape, aiming to provide investors with a lucrative opportunity for Bitcoin accumulation.
