American Bitcoin, a mining company co-founded by Donald Trump Jr. and Eric Trump, has successfully raised $220 million in a private funding round. This major investment is set to supercharge the company’s mining operations and increase its Bitcoin reserves.

Backed by industry leader Hut 8, which owns an 80% stake, and with the Trump brothers holding the remaining 20%, American Bitcoin is gearing up for rapid expansion. The company’s strategic vision includes acquiring cutting-edge mining equipment, increasing its Bitcoin treasury, and going public on the Nasdaq under the ticker symbol $ABTC.

Let’s break down what this means.

What Is American Bitcoin?

American Bitcoin is a cryptocurrency mining company focused on producing Bitcoin using powerful computers that solve complex mathematical problems. These computers, known as miners, verify transactions on the Bitcoin network and are rewarded with newly minted Bitcoin.

The company was co-founded by Donald Trump Jr. and Eric Trump, and is now majority-owned by Hut 8, a well-known name in the crypto mining industry. Together, they aim to make American Bitcoin a top-tier mining operation in the United States.

The $220 Million Funding Round: What Happened?

In June 2025, American Bitcoin raised $220 million by selling 11 million shares to accredited investors. This type of fundraising is called a private placement, where shares are sold directly to a select group of investors rather than the general public.

Key Highlights:

• $10 million of the investment was made using Bitcoin instead of cash.
• The average price paid for Bitcoin in this deal was $104,000 per coin.
• As of June 10, the company held 215 Bitcoins in its treasury.
• The funds will be used to buy new mining equipment and increase Bitcoin holdings.

This funding round shows strong investor confidence in the company’s future and the broader potential of Bitcoin.

Why Is This Important?

This funding gives American Bitcoin the tools to:

• Buy better mining equipment to mine more Bitcoin faster.
• Hold more Bitcoin, which could grow in value over time.
• Get ready to go public, which means people could soon buy shares in the company on the stock market.

This is a big move that shows how serious American Bitcoin is about becoming a leader in the crypto space.

How Will the Money Be Used?

The company plans to use about $215 million of the funds (after fees) to:

 Upgrade Mining Infrastructure

• Buy new and powerful mining machines.
• Increase the hash rate, which means solving puzzles faster and earning more Bitcoin.
• Improve their data centers to support more machines and run smoothly.

 Grow Bitcoin Treasury

• Buy more Bitcoin to hold as a long-term asset.
• Strengthen their position in the crypto market.

This smart mix of buying machines and holding Bitcoin helps the company grow in both size and value.

The Role of Hut 8

Hut 8 is a Canadian company that knows a lot about crypto mining. They help American Bitcoin by:

• Finding cheap energy to power the machines.
• Running efficient mining centers.
• Using green energy when possible to reduce environmental impact.

Hut 8’s experience helps American Bitcoin grow faster and smarter.

Going Public: The $ABTC Ticker

American Bitcoin plans to go public through a reverse merger with Gryphon Digital Mining, a process that allows a private company to become publicly traded more quickly than a traditional IPO.

What Is a Reverse Merger?

• A private company merges with a public shell company.
• It avoids the lengthy and costly IPO process.
• The merged company gets listed on a stock exchange—in this case, Nasdaq.

If all goes as planned, American Bitcoin will trade under the symbol $ABTC as early as Q3 2025.

What Is Bitcoin Mining?

For those new to the concept, Bitcoin mining is the process by which new Bitcoins are created and transactions are verified on the blockchain.

How It Works:

1. Miners use powerful computers to solve complex math problems.
2. The first to solve the problem adds a new block to the blockchain.
3. The miner is rewarded with a set amount of Bitcoin.

This process is essential for keeping the Bitcoin network secure and decentralized.

Why Do Companies Hold Bitcoin?

Holding Bitcoin in a treasury is becoming a popular strategy for companies that believe in the long-term value of digital assets.

Benefits of Holding Bitcoin:

• Hedge against inflation
• Store of value like digital gold
• Potential for high returns
• Increased investor interest

Strategic Advantages of American Bitcoin

American Bitcoin is uniquely positioned for success due to:

Strong Leadership

• Backed by the Trump family, which brings visibility and influence.
• Operated by Hut 8, with proven experience in crypto mining.

 Financial Strength

• $220 million in fresh capital.
• Bitcoin purchases made even during high market prices.

Growth Ambitions

• Plans to go public on Nasdaq.
• Expansion of mining capacity and digital asset holdings.

The Bigger Picture: Crypto Mining in the U.S.

The United States is becoming a global hub for Bitcoin mining due to:

• Abundant energy resources
• Supportive regulatory environment
• Technological innovation

American Bitcoin’s growth aligns with this trend, contributing to the U.S.'s leadership in the digital currency revolution.

Frequently Asked Questions (FAQ)

1. Who owns American Bitcoin?

American Bitcoin is majority-owned (80%) by Hut 8, while Donald Trump Jr. and Eric Trump co-founded the company and own the remaining 20%.

2. What is the purpose of the $220 million funding?

The funds will be used to:

• Purchase advanced Bitcoin mining equipment
• Increase the company’s Bitcoin treasury
• Prepare for a public listing on Nasdaq

3. What is a reverse merger?

A reverse merger allows a private company to become public by merging with an already public company, in this case, Gryphon Digital Mining.

4. When will American Bitcoin go public?

The company plans to go public as early as Q3 2025, trading under the ticker symbol $ABTC on the Nasdaq.

5. Why is Bitcoin mining important?

Bitcoin mining secures the network, verifies transactions, and introduces new Bitcoins into circulation. It’s a vital part of the blockchain ecosystem.

6. How can I learn more about crypto trading?

You can start by following expert traders at Fat Pig Signals. They offer free and paid services, and their Telegram group is a great place to begin.

How to Get Started with Crypto—Even If You're New

If all this talk about mining and Bitcoin sounds exciting but confusing, don’t worry. You don’t need to be a tech expert to get involved in crypto.

A great place to start is by following expert traders who share their tips and signals. One of the best and easiest ways to do this is by checking out Fat Pig Signals.

Why Fat Pig Signals?

• They’ve been in the crypto game since 2017.
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Final Thoughts

American Bitcoin’s $220 million raise is a big deal. It shows that serious investors believe in the future of Bitcoin and crypto mining. With strong leadership, smart strategies, and the support of Hut 8, the company is set to grow fast.

And if you're looking to get into crypto yourself, you don’t have to go it alone. Services like Fat Pig Signals can help you trade smarter, save time, and maybe even make some money—without being glued to your screen all day.

So whether you’re mining Bitcoin or just starting to learn, the crypto world is full of opportunity. Stay curious, stay informed, and keep an eye on companies like American Bitcoin—they’re shaping the future of finance.