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#ERIK Trump Predicts Bitcoin Will Reach $1 Million
Scott Melker, host of The Wolf Of All Streets Podcast, posted on X that Eric Trump expressed his belief that Bitcoin will eventually hit $1 million. Eric Trump, son of Donald Trump, shared his optimistic view on the future value of Bitcoin, suggesting significant growth potential for the cryptocurrency. His statement adds to the ongoing debate about Bitcoin's future valuation and its role in the financial markets.$BTC
$SOL
$ETH
#Solana
#USJobsData
#ERIK Trump Predicts Bitcoin Will Reach $1 Million
Scott Melker, host of The Wolf Of All Streets Podcast, posted on X that Eric Trump expressed his belief that Bitcoin will eventually hit $1 million. Eric Trump, son of Donald Trump, shared his optimistic view on the future value of Bitcoin, suggesting significant growth potential for the cryptocurrency. His statement adds to the ongoing debate about Bitcoin's future valuation and its role in the financial markets.$BTC
$SOL
$ETH
翻訳参照
Trump-Linked Bitcoin Miner Nears Nasdaq Listing as Shareholders Vote
Key Developments
American Bitcoin Corp (ABTC) to list on Nasdaq via merger with Gryphon Digital Mining
Trump family stake: Eric Trump (CSO) and Donald Trump Jr. hold 20% through American Data Centers
Hut 8 maintains 80% control of the venture
$220M raised for $BTC mining and equipment acquisitions
Deal Details
🗳️ Shareholder Vote:
Gryphon (GRYP) investors voting on merger
Expected close: Early September 2025
💰 Ownership Structure:
Existing stakeholders (Trump family + Hut 8) to retain 98% of merged entity
Ticker: ABTC
📉 Market Reaction:
Gryphon shares down 3% pre-merger
Hut 8 (HUT) shares flat
Strategic Vision
⚡ Mining Focus:
Builds on Hut 8’s existing operations
Aims to accumulate long-term Bitcoin reserves
🇺🇸 Political Angle:
Strengthens Trump family’s crypto influence ahead of 2026 midterms
Aligns with Donald Trump’s pro-Bitcoin stance
Why This Matters
✅ Institutional validation: Another crypto miner joins public markets
⚠ Regulatory watch: Trump ties may draw SEC scrutiny
📈 Sector momentum: Follows Bitfarms, Riot’s recent Nasdaq listings
Posted: August 6, 2025 | Source: The Block
Bottom Line: The merger could create a politically connected mining powerhouse—if shareholders approve.
#TRUMP #Bitcoinmining #erik #american #news
Key Developments
American Bitcoin Corp (ABTC) to list on Nasdaq via merger with Gryphon Digital Mining
Trump family stake: Eric Trump (CSO) and Donald Trump Jr. hold 20% through American Data Centers
Hut 8 maintains 80% control of the venture
$220M raised for $BTC mining and equipment acquisitions
Deal Details
🗳️ Shareholder Vote:
Gryphon (GRYP) investors voting on merger
Expected close: Early September 2025
💰 Ownership Structure:
Existing stakeholders (Trump family + Hut 8) to retain 98% of merged entity
Ticker: ABTC
📉 Market Reaction:
Gryphon shares down 3% pre-merger
Hut 8 (HUT) shares flat
Strategic Vision
⚡ Mining Focus:
Builds on Hut 8’s existing operations
Aims to accumulate long-term Bitcoin reserves
🇺🇸 Political Angle:
Strengthens Trump family’s crypto influence ahead of 2026 midterms
Aligns with Donald Trump’s pro-Bitcoin stance
Why This Matters
✅ Institutional validation: Another crypto miner joins public markets
⚠ Regulatory watch: Trump ties may draw SEC scrutiny
📈 Sector momentum: Follows Bitfarms, Riot’s recent Nasdaq listings
Posted: August 6, 2025 | Source: The Block
Bottom Line: The merger could create a politically connected mining powerhouse—if shareholders approve.
#TRUMP #Bitcoinmining #erik #american #news
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