Trump-Backed American Bitcoin Experiences Volatile Nasdaq Debut
American Bitcoin, linked to Trump, had a tumultuous debut on Nasdaq, initially surging 91% before settling with a 16% gain. The company disclosed a $273 million holding in Bitcoin, which contributed to a 72% increase at one point. Despite the volatility, this debut could strengthen the U.S. position in the cryptocurrency market.
Trump-Backed American Bitcoin Experiences Volatile Nasdaq Debut
American Bitcoin, linked to Trump, had a tumultuous debut on Nasdaq, initially surging 91% before settling with a 16% gain. The company disclosed a $273 million holding in Bitcoin, which contributed to a 72% increase at one point. Despite the volatility, this debut could strengthen the U.S. position in the cryptocurrency market.
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