American Bitcoin (stock ticker: ABTC), a Bitcoin company backed by U.S. President Donald Trump's son, had a strong debut on the Nasdaq, with shares rising nearly 17% to $8.04, hitting a high of $14.00 during the day, and trading volume exceeding 29.00 million shares on its first trading day. American Bitcoin was founded in March of this year and is currently 80% owned by Hut 8, with the remaining 20% owned by American Data Centers, which is backed by the Trump family. Eric Trump serves as Chief Strategy Officer of the company, and his stake is now worth over $500.00 million. (TheBlock) [Donald Trump]