Source: CoinWorld
Time: 2025-09-09 20:59:18
The U.S. Bitcoin Corporation (ABTC) soared on the first day of its listing in Nasdaq, with shares soaring from $5.50 to $14 before falling back to around $9 in fluctuating trading. Supported by Eric and Donald Trump Jr., ABTC is a Bitcoin upselling platform with 24 EH/s mining capacity and 16.4 J/TH mining machine efficiency. The company holds 2,443 bitcoins (BTC), but most of them are collateralized. Despite being driven by cryptocurrency political momentum and retail speculation, its market capitalization is close to $5 billion, but it is still in a negative asset state.