If your last name is Trump and you mention the word “Bitcoin” in a press release, markets are pretty much guaranteed to move… a lot. Case in point: Gryphon Digital Mining stock is up 454% (at the time of writing) after news broke that Don Jr. and his little bro Eric are taking their crypto venture, American Bitcoin Corp., public through a merger with the company.

In case you haven’t noticed, this is part of a growing pattern… the Trump family has quietly been stringing together one crypto-related deal after another, like they’re building their own blockchain dynasty (and the funny thing is they’re not even trying to hide it). I know what you’re wondering… what exactly is American Bitcoin? Is it like regular Bitcoin, but it drives a lifted truck, grills hot dogs on a tailgate, listens to Kid Rock, and only “mines” on U.S. soil? Well, not quite… but close.

Ironically, American Bitcoin is a crypto mining company that technically didn’t exist before March 2025. That’s when Eric Trump, Donnie Jr., and a few deep-pocketed investors took a shell company called American Data Centers Inc. and put a new label on it. Two months later, it’s making headlines and merging with Gryphon Digital Mining (which now holds the honor of being the first company to triple in value because it agreed to give away 98% of itself).

Once the merger is complete (expected by Q3 of 2025), the combined company will operate under the American Bitcoin name and trade on the Nasdaq under the ticker ABTC (honestly sounds like a crypto-themed NASCAR team). American Bitcoin’s existing shareholders (which include the Trump brothers and Canadian mining giant Hut 8 Corp.) will own 98% of the new company. While that’s a tough dilution pill to swallow for Gryphon shareholders, clearly the markets didn’t seem to mind… considering Gryphon is up 4.5x in a single day on the news.

Eric Trump will serve as Chief Strategy Officer, a title that probably involves equal parts press releases and tweeting through it. But let’s not kid ourselves… Hut 8, the Canadian Bitcoin mining firm that actually knows what it’s doing, owns 80% of American Bitcoin and is handling the real operations. The Trumps own the other 20%, but you’d think it was 100% the way this is being marketed.

CEO Mike Ho will stay in charge post-merger, while the board remains under American Bitcoin’s control. This isn’t their first crypto rodeo, either. Earlier this year, Don Jr. and Eric helped launch a Trump-themed meme coin, grabbed a stake in World Liberty Financial, and now they’re bringing a mining firm to the Nasdaq. If this model sounds like MicroStrategy with more hairspray, you’re not wrong.

What makes this one different is speed. These guys went from zero to public company faster than it takes your average crypto bro to record the first three episodes of his podcast. It’s like if MicroStrategy and QVC had a baby, raised it on cable news, and sent it to the stock market dressed in red, white, and Bitcoin.

That mix of political firepower, media attention, and meme-worthy momentum has made American Bitcoin the latest crypto ticker to watch… even if the company is barely old enough to rent a car. Imagine explaining this to John D. Rockefeller. “So here’s the pitch, John… we buy a bunch of digital coins, put it in a company with ‘America’ in the name, get it on the Nasdaq, and investors can’t throw money at it fast enough.” Yeah, the world’s officially off its rocker.

Stock.News does not have positions in companies mentioned.