Stronghold Digital Mining, a U.S. Bitcoin mining company associated with Trump, has applied for an IPO.

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According to Gate.io News bot, Decrypt reports that the American Bitcoin mining company Stronghold Digital Mining is preparing for an IPO. The company is backed by former Trump senior advisor Jason Miller and former White House Chief of Staff Reince Priebus.

Stronghold Digital Mining plans to go public on Nasdaq by merging with the publicly traded company Gryphon Digital Mining. The merged new company will continue to use the Stronghold brand and will trade on Nasdaq under the “SDIG” ticker.

Source: Decrypt

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