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American Bitcoin closed up 16.5% in its Nasdaq debut on September 3, valuing Eric Trump and Donald Trump Jr.'s ~20% stake in the bitcoin mining company at $1.5B

A bitcoin company tied to President Donald Trump's two oldest sons more than doubled in value in its stock market debut on Wednesday …

Reuters

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  • @reuters @reuters on x
    A bitcoin company tied to President Donald Trump's two oldest sons more than doubled in value in its stock market debut on Wednesday, valuing the sons' stake at well over $1.5 billion as the first family grows their crypto business interests https://www.reuters.com/...
  • @carnage4life Dare Obasanjo on bluesky
    I think this is the third or fourth crypto venture that has made the Trump family billionaires.  No chance any serious regulation of crypto happens while he's in office.
  • r/politics r on reddit
    Trump's oldest sons' American Bitcoin stake worth $1.5 billion in stock debut
  • r/StockMarket r on reddit
    Trump Brothers-Backed Bitcoin Mining Company Is Set to List on Nasdaq
  • r/politics r on reddit
    Trump Brothers-Backed Bitcoin Mining Company Is Set to List on Nasdaq