American Bitcoin Corp. (ABTC), a majority-owned subsidiary of Hut 8 Corp., officially debuted on the Nasdaq exchange on September 3, 2025, following its merger with Gryphon Digital Mining. The company began trading under the ticker symbol 'ABTC', marking a significant milestone for its strategic growth.
At its Nasdaq debut, American Bitcoin disclosed holding 2,443 Bitcoin at the start of September, valued at $273 million. This public listing provides a clear market valuation for Hut 8's majority stake in the new entity and enables American Bitcoin to access independent capital for its Bitcoin accumulation strategy.
Hut 8 continues to serve as American Bitcoin’s exclusive infrastructure and operations partner through long-term commercial agreements. These agreements are structured to generate stable, contracted revenue streams for Hut 8’s Power and Digital Infrastructure segments, reinforcing its diversified business model.
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