Trumps Cash In on Crypto Anew as American Bitcoin Shares Surge

American Bitcoin Corp., a crypto company created this year with President Donald Trump’s two eldest sons, surged in initial trading on Wednesday, after a roundabout series of transactions lifted it on to public markets. The deal paved the way for Eric Trump and Donald Trump Jr. , both of whom hold stakes in the Bitcoin miner, to profit anew from crypto’s mainstream embrace under their father’s administration. The stock more than doubled to $14.52 in early trading. The company says it will accumulate Bitcoin using machinery in New York, Alberta...