Eric Trump, Don Jr.'s stake in American Bitcoin soars to $1.5B in Nasdaq debut
1. ABTC's stock surged 110% intraday, closing up 16.5% at $8.04. 2. Eric Trump and Donald Trump Jr. own about 20% of ABTC. 3. ABTC plans to utilize $2.1 billion from shares to expand bitcoin operations. 4. The company has stockpiled approximately 2,443 bitcoins so far. 5. Critics raise concerns over potential conflicts of interest with Trump's ventures.