You will soon be able to buy shares of a bitcoin mining venture backed by President Donald Trump’s sons, Eric Trump and Donald Trump Jr., following an all-stock merger between their company, American Bitcoin, and Gryphon Digital Mining.

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The news was announced on May 12 by Hut 8, an energy infrastructure platform that holds a majority stake in American Bitcoin.

“This transaction marks the next step in scaling American Bitcoin as a purpose-built vehicle for low-cost Bitcoin accumulation at scale,” HUT 8 CEO Asher Genoot said in a press release. “By taking American Bitcoin public, we expect to unlock direct access to dedicated growth capital independent of Hut 8’s balance sheet, while preserving long-term exposure to Bitcoin upside for our shareholders.”

Here are four things investors should know about American Bitcoin before its initial public offering.

According to the Hut 8 press release, the combined company will operate as American Bitcoin and trade on the Nasdaq under the ticker symbol “ABTC.” The transaction is expected to close as early as the third quarter of 2025. The stock should go public soon thereafter.

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American Bitcoin’s management team will be led by Eric Trump, Mike Ho and Matt Prusak. The board of directors will include Ho, Genoot, Justin Mateen and Michael Broukhim.

Existing stockholders of American Bitcoin are expected to own about 98% of the combined company, according to Hut 8. Immediately following the completion of the transaction, the company will “beneficially own” a majority of the issued and outstanding capital stock.

Hut 8 is an energy infrastructure platform that trades on the Nasdaq under the “HUT” ticker symbol. According to its website, Hut 8 integrates power, digital infrastructure and compute at scale with the aim of fueling “next-generation, energy-intensive use cases” such as Bitcoin mining and high-performance computing. Its stock price closed at $17.08 on May 22, and is down about 16.6% for the year.

American Bitcoin was launched this year by Eric Trump and Donald Trump, Jr., and got its name following a merger with a Hut 8 unit, Bloomberg reported. The Bitcoin accumulation platform’s mission is to “build American’s Bitcoin infrastructure backbone.”

According to its website, Gryphon Digital Mining aims to “power and run scalable, efficient AI computing and Bitcoin mining operations.” It trades on the Nasdaq under ticker symbol GRPY. Shares closed at $1.15 on May 27 and have spent most of 2025 trading at less than 50 cents.