[Bitcoin crypto on flag of United States of America]
24K-Production
Donald Trump's oldest sons, Eric Trump and Donald Trump Jr., saw their stake in American Bitcoin Corp. (ABTC) valued at over $1.5 billion following the company’s stock market debut on the Nasdaq on September 3, 2025.
On its first day, its shares peaked at $14.52 before closing at $8.04, up 16.5% for the session. The company reported approximately 908.6 million outstanding shares, with both the elder Trump sons collectively holding a 20% stake, bringing their stake to over $1.5 billion at close. The highest price struck on Wednesday valued their stake close to $2.6 billion.
The bitcoin mining listing is being touted by Eric Trump as a milestone for integrating bitcoin into U.S. capital markets and as a proxy for bitcoin exposure.
"Crypto is exploding," said Eric Trump during an interview. "I would be saying right now, the crypto space is at least 50% of what I’m doing."
DEAR READERS: We recognize that politics often intersects with the financial news of the day, so we invite you to click here [https://seekingalpha.com/article/4817321-politics-and-the-markets-090325] to join the separate political discussion.
MORE ON CRYPTO
* Gryphon Digital Mining: 'Hold' On American Bitcoin's Reverse Takeover [https://seekingalpha.com/article/4818014-gryphon-digital-mining-hold-on-american-bitcoins-reverse-takeover]
* Strategy: Leveraged Bitcoin Exposure, Without The ETF Ceiling [https://seekingalpha.com/article/4814229-strategy-leveraged-bitcoin-exposure-without-the-etf-ceiling]
* Q2 Earnings: BTC Gains Trump Rising Costs For Hut 8 [https://seekingalpha.com/article/4811416-q2-earnings-btc-gains-trump-rising-costs-for-hut-8]
* American Bitcoin stock surges, paused four times on volatility [https://seekingalpha.com/news/4491837-american-bitcoin-stock-surges-paused-four-times-on-volatility]
* Bitcoin treasury firm backed by Winklevoss twins to go public in Amsterdam [https://seekingalpha.com/news/4491514-bitcoin-treasury-firm-backed-by-winklevoss-twins-to-go-public-in-amsterdam]
Eric Trump and Donald Trump Jr.'s stake in American Bitcoin worth $1.5 billion
Published 2 months ago
Sep 4, 2025 at 3:34 AM
Positive
Auto