American Bitcoin Stock Soars, Experiences Four Pauses Due to Volatility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2025
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Should l Buy ?
Source: SeekingAlpha
Stock Surge: Shares of American Bitcoin (ABTC), a bitcoin mining company backed by Eric and Donald Trump, Jr., surged by as much as 100% in early trading after its merger with Gryphon Digital Mining, leading to significant trading activity and multiple halts in the stock.
Bitcoin Price Increase: Bitcoin (BTC) also saw a rise of 1.0% in the past 24 hours, reaching $112.4K, marking its highest level since the previous Friday.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
