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American Bitcoin to Merge with Gryphon for Nasdaq Debut

5/12/2025

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Story summary
  • American Bitcoin, supported by Hut 8 and the Trump family, is set to merge with Gryphon Digital Mining, aiming for a Nasdaq debut as "ABTC" by Q3 2025. Shareholders will hold onto 98% ownership after the merger, which seeks to boost Bitcoin accumulation and secure growth capital, all while leveraging Hut 8's robust infrastructure.