Eric Trump plans to exchange his stake in American Bitcoin for shares in Gryphon Digital Mining, valued at 367 million USD. This merger is positioned to enhance operational capabilities within the Bitcoin mining sector and aims for a listing on Nasdaq.
The Trump family’s increased involvement in the digital asset sector marks a shift from traditional investments. Eric Trump emphasized Bitcoin’s importance as a ‘store of value’ during his speech at Consensus 2025, while the White House confirmed compliance with conflict-of-interest regulations regarding these activities.
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