American Bitcoin, co-owned by Eric and Donald Trump Jr., experienced a nearly 17% increase in stock price during its Nasdaq debut, reaching $8.04 per share. The company combines Bitcoin mining and market purchases, leveraging significant assets to enhance its growth potential.
Ming Shing, a construction firm based in Hong Kong, has signed a $482.9 million agreement to acquire 4,250 BTC at an average price of $113,638 each. The company's shares spiked 29% following the announcement, reflecting investor optimism about the potential appreciation of Bitcoin.