American Bitcoin, partially owned by Eric Trump and Donald Trump Jr, targets a September public debut on the Nasdaq, according to Hut 8 CEO, Asher Genoot.
The announcement came from an interview with Reuters during the Bitcoin Asia conference in Hong Kong, with Genoot stating that Hut 8, Eric, and his brother Donald will own 98% of the entity.
The new company will retain the name of American Bitcoin and trade with the ticker ABTC.
According to Genoot, the Trump brothers found it more advantageous to create and list the company, rather than go for a public IPO, which would give it access to multiple financial avenues anyway.
A September listing for American Bitcoin would rally up the market and bring more eyes to the crypto sector, with mining-based projects like Pepenode ($PEPENODE) potentially seeing massive long-term gains.
American Bitcoin on the Path to Becoming the Largest Bitcoin Miner
American Bitcoin plans to become one of the largest Bitcoin-centric entities in the world, hoarding $BTC from both mining and buying.
The company already holds 215 $BTC, according to a June 2025 disclosure. Hut 8, meanwhile, is ranked 12th out the top 100 public Bitcoin Treasuries globally, with a reserve of 10,667 $BTC, based on Bitcoin Treasuries data. And it’s aiming even higher.
Crypto exchange Gemini founders – the Winklevoss twins – also invested an undisclosed amount in American Bitcoin, followed by a $21M donation to the Digital Freedom Fund PAC in an effort to support the US President’s pro-crypto agenda.
American Bitcoin’s September listing should finalize after the company’s merger with Gryphon Digital Mining reaches closing; at this point, the latter will have a 2% holding. Eric and Donald Trump Jr will hold 18% of the new company, with Hut 8 being the majority owner at 80%.
American Bitcoin’s Nasdaq listing coincides with the rapid advancements in the GENIUS Act’s implementation process, which is set to ramp up after October.
Together, these events will likely stir the market enough to fuel the coming altcoin season, which will see projects like Pepenode fire up.
Pepenode ($PEPENODE) – The First Presale That Enables You to Mine Coins Virtually
Pepenode ($PEPENODE) is a meme coin that offers a unique gamified mine-to-earn experience.
In other words, it gives you the chance to mine meme coins in your own virtual mining rig without having to upgrade your system or experience spicy electricity bills.
It all happens in the Pepenode ecosystem, where you buy nodes and facilities to build that virtual mining rig. The rig comes with a data-rich dashboard, highlighting info like rewards, hashrate, and progress to help you adjust its parameters accordingly.
More importantly, the earlier you kickstart your mining machine, the higher the rewards, because early nodes mine use a higher hashrate. This creates an incentive to join the project as early as possible, along with the meaty $3,543% dynamic APY reward for stakers.
Moreover, the referral program also offers 2% of whatever your referred address mines, further incentivizing organic growth and investor participation.
$PEPENODE is available for the presale price of $0.0010325, which means you can buy a sizable stack with a minimal investment. As a side note, the presale just started, and it’s already performing above expectations, with $484K+ raised to date.
If Pepenode looks right up your alley, visit the official Pepenode presale website today.
Could America Bitcoin’s Nasdaq Listing Kickstart the Alt Season?
America Bitcoin’s Nasdaq listing is likely to kickstart the beginning of the alt season indirectly, by virtue of fueling up Bitcoin.
This, combined with Trump’s GENIUS Act – already in its implementation phase – and the growing institutional support, could well push Bitcoin into another ATH run.
When that happens, Pepenode ($PEPENODE) is likely to see a surge in investor interest, thanks to its innovative approach to the idea of a gamified experience during presale.
Remember, though, this isn’t financial advice. Do your own research and invest wisely.
