American Bitcoin Corp, backed by the Trump family, is set to go public on Nasdaq through a reverse merger. This move marks a significant step for the company in expanding its market presence. In related developments, several mining companies have released their July production figures and Q2 financial reports. Notable companies include MARA, Cango, CleanSpark, BitFuFu, IREN, Canaan, Bitfarms, Bitdeer, and Terawulf. These reports provide insights into the operational performance and financial health of these firms amid fluctuating market conditions.