American Bitcoin, the bitcoin mining company co-founded by Eric Trump, will go public through a merger with another mining firm, Gryphon Digital Mining.

American Bitcoin, a cryptocurrency firm co-founded by Eric Trump, said it was merging with a company traded on the Nasdaq, the latest expansion of the family’s investments in crypto.

American Bitcoin Corp, which is majority owned by Hut 8 Corp and partly backed by Eric Trump and Donald Trump Jr, will be acquired by Gryphon in an all stock merger transaction, Hut 8 said in a statement Monday.

American Bitcoin, a new bitcoin miner backed by U.S. President Donald Trump's two eldest sons, said on Monday it will list on the Nasdaq via an all-stock merger with Gryphon Digital Mining.Existing shareholders of American Bitcoin, including co-founder Eric Trump, his brother Donald Trump Jr. and crypto miner

Trump family is expanding its involvement in Bitcoin mining, with a stock-for-stock merger.

May 12 (UPI) -- A bitcoin mining company partially owned by President Donald Trump's two eldest sons will go public on the Nasdaq in an all-stock merger with Gryphon Digital Mining, American Bitcoin announced Monday.

American Bitcoin, a Trump family-backed bitcoin mining company, will go public on the Nasdaq through an all-stock merger with Gryphon Digital Mining.