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0 0.00148201374230925 0.00746994805466985 0.00693103396655745 0.000733521953264192 -0.000763461624825925 0.00148201374230925 0.00148201374230925
Stock impact report

Trump-backed Bitcoin mining stock jumps 9% after $170M stake [Yahoo! Finance]

Dominari Holdings Inc. (DOMH) 
Company Research Source: Yahoo! Finance
The miner only listed on Nasdaq earlier this month and has already faced wild price swings. What happened Shares of American Bitcoin Corp. (Nasdaq: ABTC) climbed nearly 9% Tuesday, closing at $9.03 after touching $9.54 intraday. The move followed disclosures that Dominari Holdings (Nasdaq: DOMH) owns more than 23.2 million shares of ABTC, valued at nearly $170 million. ABTC, a newly listed U.S. Bitcoin miner, is promoted by Donald Trump Jr. and Eric Trump. The company began trading on the Nasdaq on September 3, 2025, focusing on large-scale Bitcoin mining. Related: What is Bitcoin mining? Explained Market reaction ABTC shares have been volatile since their debut . On the first trading day, the stock spiked to $14.52 before closing down 45% at $8.01. Even after the latest rally, its market cap remains just above $800 million — much smaller than established U.S. miners like Marathon Digital (MARA) or Riot Platforms (RIOT). Dominari CEO Anthony Hayes called ABTC's Nasdaq li Show less Read more
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