Reported about 21 hours ago
The stock debut of American Bitcoin Corp, linked to Donald Trump's eldest sons, Eric and Donald Jr., resulted in a valuation increase to over $1.5 billion, with shares reaching a peak of $14.52 on Nasdaq before ending at $8.04. The Trump family's growing involvement in cryptocurrency, despite criticism regarding potential conflicts of interest, showcases their shift from traditional business ventures like real estate to the expanding crypto market. Eric Trump emphasized his role as a spokesperson for the industry, claiming the crypto space is pivotal to their business strategies.
Source: YAHOO