Trump Dynasty's cryptocurrency business reaches a significant $5 billion valuation landmark

The valuation of

, a crypto-mining company, has been greatly enhanced by its connection to the Trump family. The company began trading on Nasdaq with the ticker ABTC on September 3, 2025, following its creation through a merger between American Data Centers, owned by the Trumps, and Canadian mining company . The involvement of prominent supporters and an ambitious expansion plan have attracted major attention. On its opening day, stock jumped by nearly 85%, briefly pushing its market cap to $5 billion. Eric Trump, as a co-founder, has promoted American as a dual-purpose entity—operating both as a miner and as a Bitcoin holding firm—aiming to provide mainstream investors with exposure to cryptocurrency.

The Trump family and Hut 8 collectively own 98% of the combined company, with Hut 8 controlling 64% of the shares and 80% of the voting rights. Eric Trump, acting as Chief Strategy Officer, is a strong proponent of Bitcoin, referring to it as “the gold of today” and forecasting a possible rise to $1 million per coin in the future. His share in the firm, around 7.5%, is valued between $548 million and $3.2 billion, depending on the valuation approach. The intricate share arrangement at American Bitcoin has led to varying calculations of the founders’ holdings, with most voting authority residing in Hut 8’s Class B shares.

In addition to American Bitcoin, the Trump family has rapidly increased their involvement in digital assets. Their activities now include launching memecoins, NFTs, and publicly traded ventures, making their presence felt throughout the crypto landscape. Among their projects,

(WLFI) introduced its token to cryptocurrency exchanges, contributing to an estimated $5 billion in paper gains for the family. Separately, a listed company called revealed plans to create a $1.5 billion treasury supporting the token. At the same time, the Trump family's media firm has entered the market with a $2 billion Bitcoin reserve and a $6.4 billion crypto treasury arrangement with Crypto.com.

American Bitcoin’s business model is similar to established Bitcoin treasury firms such as MicroStrategy, focusing both on mining activities and accumulating cryptocurrency assets. The company currently holds 2,443 BTC, which is worth about $281.5 million, and intends to raise up to $2.1 billion through a stock offering to support the purchase of mining equipment, additional Bitcoin, and general operations. This bold growth plan reflects a larger movement within the crypto sector, as more institutional and individual investors look for opportunities in Bitcoin-oriented stocks. The company’s Nasdaq listing has also been interpreted as a sign of changing attitudes towards crypto stocks, especially following recent SEC approvals of spot ETFs.

The Trump family’s expanding role in the crypto industry has drawn attention, with some critics expressing worries over potential conflicts of interest and the concentration of influence. Eric Trump has rejected these criticisms, saying that he refrains from discussing business matters with his father. Meanwhile, support for crypto continues to grow among top government officials, with President-elect Donald Trump making headlines for his engagement with the industry and pledges to support a positive environment for Bitcoin mining. The family's increasing involvement in digital currencies indicates that their financial interests are likely to remain closely connected to the evolution of crypto assets in the U.S.