Trump's second son's stake in American Bitcoin could be worth $367 million
2025-07-31 14:21:24
Eric Trump, the second son of President Donald Trump, holds a large stake in American Bitcoin, a company he co-founded in March. In a planned merger, his interest would be exchanged for about 367 million new shares in Nasdaq-listed Gryphon Digital Mining Inc. Gryphon shares were trading at about $1 on Thursday, and its stake could be worth $367 million when it goes public in the coming weeks, according to securities filings Tuesday. The combined company will be named American Bitcoin.
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