American Bitcoin Merges With Gryphon for Public Listing

American Bitcoin Corp announced a merger with Gryphon Digital Mining, with plans to list on Nasdaq under the symbol “ABTC” in Q3 2025.

The merger aims to establish the largest public Bitcoin mining entity, supported by Trump family involvement, sparking interest and rapid stock movements.

Trump Family’s Role in Crypto Mining Merger

The partnership between American Bitcoin Corp and Gryphon Digital Mining signifies a significant move in the cryptocurrency mining industry. This decision aims to leverage combined resources, aligning strategic interests for future growth. Eric Trump is engaged in this venture, highlighting the Trump family’s involvement. Gryphon’s stockholders will hold a small stake, while American Bitcoin’s current management will lead the merged entity.

Stock Surge Follows Merger Announcement

The merger announcement led to a surge in Gryphon’s stock and minor gains in Hut 8 Corp’s market value, reflecting investor confidence. Such movements often suggest potential in forthcoming Bitcoin mining operations. The venture’s success could influence Bitcoin’s market dynamics, with related assets like BTC and HUT showing indirect market shifts. Past mergers indicate short-term volatility, but strategic goals here promise longer-term impacts.

Comparing Merger to Riot’s Historic Expansions

This merger compares to previous industry consolidations, such as Riot’s expansions. These events typically increase operational capacity and centralize hashing power, influencing Bitcoin network metrics. Insights from anonymous experts suggest that market reactions depend on public confidence in the new entity’s efficiency. By drawing parallels with historical data, the industry’s evolution can be better understood.

The Gryphon team is pleased to offer our stockholders the opportunity to participate in what we believe will be the next era of public Bitcoin mining through this combination. American Bitcoin brings together an outstanding leadership team and a clear strategy to build a premier institution in this fast-evolving industry.

— Steve Gutterman, CEO, Gryphon Digital Mining