What is American Bitcoin? Inside the Trump-Backed Bitcoin Mining Strategy

American Bitcoin (ABTC) is a next-generation Bitcoin mining and treasury company founded in 2025 through a strategic partnership between Hut 8 — a leading digital infrastructure provider — and members of the Trump family, including Eric Trump and Donald Trump Jr. Backed by over $220 million in funding and a bold vision to institutionalize Bitcoin mining in the U.S., American Bitcoin is making waves for its ambitious expansion, political influence, and plans to go public on Nasdaq later this year. With a focus on large-scale mining operations and long-term Bitcoin accumulation, ABTC represents a new phase of corporate and governmental alignment with crypto in America.

This article will explore everything about American Bitcoin — from its founding origins to its political influence and listing plans — helping investors understand the growing institutionalization of Bitcoin in the U.S. in 2025.

Key Takeaways

• American Bitcoin (ABTC) is a U.S.-based Bitcoin mining and treasury company co-founded in 2025 by Eric Trump, Donald Trump Jr., and Hut 8 Corp.
• Backed by $220 million in funding, including over $10 million contributed in BTC, ABTC is one of the most well-funded crypto mining startups in recent years.
• For retail and institutional investors, ABTC represents a unique investment opportunity at the intersection of crypto, politics, and long-term digital asset strategy.
  
  

What Is American Bitcoin (ABTC)?

American Bitcoin (ABTC) is a large-scale Bitcoin mining and digital asset accumulation company based in the United States. Launched in 2025, the company aims to become the most efficient, transparent, and institutionally trusted Bitcoin miner in the world. Unlike most miners that regularly sell their mined BTC, American Bitcoin is built to mine and hold Bitcoin as a long-term strategic reserve — functioning as a corporate-level “digital vault.”

This approach positions ABTC at the forefront of a growing movement toward Bitcoin institutionalization in America, especially as political and financial leaders explore the role of BTC as a national reserve asset.

Source: Nasdaq.com

Who Founded American Bitcoin?

Founders and Key Figures

American Bitcoin was co-founded in early 2025 by Eric Trump and Donald Trump Jr., in partnership with Canadian Bitcoin mining firm Hut 8 Corp. The goal: build a politically aligned, institutional-grade Bitcoin mining company that advances U.S. leadership in digital assets.

• Eric Trump serves as Chief Strategy Officer, overseeing strategic planning, government relations, and investor outreach. He plays a key role in aligning ABTC’s mission with conservative values and national interests.
• Donald Trump Jr. contributes to public advocacy and helps position the brand within the broader crypto ecosystem.

Partnership

American Bitcoin is a joint venture between:

• Hut 8 Corp. – A top Canadian mining firm bringing expertise, capital access, and operational scale. Hut 8 owns about 80% of ABTC.
• American Data Centers (ADC) – Co-founded by Eric Trump, ADC offers domestic energy infrastructure and political networks for U.S.-based operations.

This partnership blends mining experience (Hut 8) with local infrastructure and political alignment (via ADC and the Trump family), making ABTC a uniquely positioned player in both private and public Bitcoin narratives.

What Does American Bitcoin Do?

American Bitcoin operates as both a large-scale Bitcoin mining company and a long-term Bitcoin treasury holder, positioning itself as a dual-purpose force in the digital asset ecosystem.

• Industrial-Scale Bitcoin Mining: ABTC runs high-performance mining facilities across the U.S., optimized for energy efficiency and uptime. These operations are designed to maximize hashrate while minimizing power costs.
• Bitcoin Accumulation Strategy: Unlike many competitors that sell mined BTC to fund operations, ABTC follows a “mine-and-hold” model — treating Bitcoin as a digital reserve asset rather than a short-term revenue source.
• Energy Efficiency and Infrastructure Optimization: The company invests in renewable and low-cost energy partnerships to drive competitive margins and long-term sustainability.
• Transparency and Institutional Standards: ABTC emphasizes regulatory compliance, operational transparency, and public trust — positioning itself as a reliable and audit-friendly mining firm, especially as it prepares for a public listing on Nasdaq.
  
  

American Bitcoin and the Trump Crypto Strategy

American Bitcoin isn’t just another mining company — it’s part of a broader political and economic vision led by the Trump family to align Bitcoin with American national interests.

In 2025, former President Donald Trump and his allies began positioning Bitcoin as a strategic U.S. asset, advocating for a “Strategic Bitcoin Reserve” funded by government-held or confiscated BTC. This movement seeks to integrate Bitcoin into the national treasury, much like gold once served as a monetary anchor.

ABTC plays a key role in this agenda:

• Eric Trump, as Chief Strategy Officer of ABTC, promotes the idea of Bitcoin being mined and stored by trusted American institutions.
• ABTC’s “mine-and-hold” model fits perfectly with the national reserve narrative, showcasing how private companies can align with public strategies.
• The Trump family’s deep involvement provides political momentum and public visibility — bridging crypto adoption between Wall Street, Washington, and Main Street.

This crypto-forward stance contrasts with previous political skepticism toward Bitcoin. It reframes BTC not as a threat to the U.S. dollar, but as a complementary asset that supports economic resilience, innovation, and financial sovereignty.

American Bitcoin’s $220 Million Raise

In July 2025, American Bitcoin made headlines by securing $220 million in funding — a strong show of investor confidence in both its mining operations and its long-term Bitcoin accumulation model.

Key Highlights of the Funding Round:

• Amount Raised: $220 million in a private placement from accredited investors
• Bitcoin-Based Investment: Over $10 million of the funds were contributed directly in Bitcoin, at an average purchase price of $104,000 per BTC
• Use of Funds: The capital will be used to:
  • Expand and modernize mining infrastructure across U.S.-based facilities
  • Increase Bitcoin holdings in the corporate treasury
  • Prepare for regulatory and reporting readiness ahead of its public listing

This fundraising round far exceeded the initial $200 million target, reflecting strong institutional confidence in ABTC’s hybrid model — combining efficient mining with long-term Bitcoin accumulation. As a result, American Bitcoin is positioning itself as an institutional-grade “Bitcoin treasury,” blending Wall Street financial discipline with the crypto community’s conviction in decentralized assets.

Will American Bitcoin Go Public?

Yes — American Bitcoin is planning to go public in 2025 through a merger with Gryphon Digital Mining, paving the way for a Nasdaq listing under the ticker ABTC.

Merger Overview:

• Merger Partner: Gryphon Digital Mining
• Ticker Symbol: ABTC (on Nasdaq)
• Expected Timeline: Q3 2025 (pending SEC and shareholder approval)

Post-Merger Ownership:

• American Bitcoin shareholders: ~98%
• Gryphon shareholders: ~2%

Purpose of Going Public:

• Increase transparency and regulatory compliance
• Boost institutional investor access
• Strengthen ABTC’s position as a flagship U.S. Bitcoin company

The merger filing (Form S‑4) was submitted to the SEC in July 2025. If approved, American Bitcoin will officially become a publicly traded company — offering investors exposure to a Bitcoin miner focused on long-term accumulation, political alignment, and U.S.-based infrastructure.

Why Does American Bitcoin Matter?

American Bitcoin is more than just another mining company — it represents a strategic shift in how Bitcoin is integrated into the U.S. economy and political narrative.

• Institutional Legitimacy: Backed by Hut 8 and led by the Trump family, ABTC adds political and corporate weight to Bitcoin mining — a sector often viewed as fringe.
• Strategic Treasury Model: ABTC doesn’t just mine Bitcoin — it holds it as a reserve, similar to how nations hold gold. This strengthens BTC’s case as a sovereign-grade asset.
• U.S.-Based, Politically Aligned Mining: In a time of rising geopolitical tensions and regulatory scrutiny, ABTC offers a compliant, American-owned alternative to offshore miners.
• Crypto Meets Politics: With Eric Trump at the helm and Donald Trump Jr. involved, ABTC sits at the intersection of crypto, politics, and finance — a rare blend that could shape policy and public perception.
• Nasdaq Listing Sets a Precedent: If successful, ABTC’s public debut will establish a new benchmark for what a transparent, pro-regulation, and U.S.-centric Bitcoin miner looks like.
  
  

How to Invest in American Bitcoin?

ABTC is not officially listed yet, but the hot news is that they are in the process of "merging" with Gryphon Digital Mining. If this is successful, ABTC will officially be listed on Nasdaq - opening up opportunities for both small traders and "sharks" to invest in a Bitcoin mining company with a long-term hodl strategy and extremely good political relations.

Steps to Prepare for Investment:

• Follow the merger with Gryphon: The most important waiting gate! Expected to be completed in Q3/2025 (around July-September 2025), but we have to wait for the SEC (US Securities and Exchange Commission) and shareholders to nod.
• Choose a floor and open a US broker account: If ABTC is listed on Nasdaq, you must buy through reputable US brokers. Big names like eToro, Interactive Brokers, or TD Ameritrade are popular choices. It's better to open an account in advance, wait until it's listed to buy right away so you don't miss out!
• Study the S-4 and IPO details: Simply, the detailed documents of the merger and listing. You need to practice this part carefully to understand: What will the company be like after the merger? How much is the valuation? And most importantly - what is their long-term roadmap? Don't miss it!
• Track Bitcoin price trends: ABTC follows the BTC price. As a mining company, the ups and downs of Bitcoin price directly affect ABTC's profits and stock price. Closely monitoring BTC trends is a must to make reasonable buy/sell decisions.

American Bitcoin offers a unique opportunity to invest in a politically connected, long-term Bitcoin accumulation company — but investors should also be aware of potential risks such as price volatility, regulatory hurdles, and the novelty of its combined mining–treasury model.

Conclusion

Summary, American Bitcoin (ABTC) is not your average Bitcoin mining company – it is more like a manifesto for the future of Bitcoin in America. With strong backing from Hut 8 and the Trump family, ABTC is looking to make Bitcoin mining and storage mainstream in the US, elevating BTC not only as a storage asset but also as a national strategic treasure. The upcoming listing on Nasdaq, long-term BTC holding strategy, and clear political orientation make ABTC one of the names most closely watched by the crypto community in 2025.

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FAQs

1. What is American Bitcoin (ABTC)?

Well, this is a Bitcoin mining and storage company in the US, founded in 2025 by the Hut 8 duo and the Trump family. Their focus is on mining Bitcoin and holding long-term as a storage strategy.

2. Is ABTC directly backed by Donald Trump?

To be exact, Donald Trump is not directly involved, but ABTC is backed by Eric Trump (Chief Strategy Officer) and Donald Trump Jr. It is clear that this company is closely tied to the political & economic power of the Trump family.

3. When will ABTC be listed?

It is expected that in the third quarter of 2025, ABTC will be listed on Nasdaq through a merger with Gryphon Digital Mining. If approved by the SEC, the stock symbol will be ABTC.

Risk Disclosure

Please be aware that cryptocurrency trading involves high market risk. Bitget Wallet is not responsible for any trading losses incurred. Always perform your own research and trade responsibly.