American Bitcoin – Milestones
Key milestones and important events in American Bitcoin's history.
Showing 4 milestones for American Bitcoin
Nasdaq Listing Process Initiated
Shareholders of Gryphon Digital Mining began voting on the proposed merger, a key step toward American Bitcoin's expected listing on the Nasdaq exchange.
Raised $220 Million in Funding
The company raised $220 million through a private stock sale to acquire more Bitcoin and mining equipment, with about $10 million immediately converted into Bitcoin.
Announced Merger with Gryphon Digital Mining
American Bitcoin announced its plan to go public on the Nasdaq under the ticker ABTC through an all-stock merger with Gryphon Digital Mining.
American Bitcoin Launched
American Bitcoin was launched as a majority-owned subsidiary of Hut 8, co-founded by Eric Trump and backed by Donald Trump Jr., to focus on industrial-scale Bitcoin mining and building a strategic Bitcoin reserve.