The post American Bitcoin Corp. to Merge with Gryphon Digital Mining appeared on BitcoinEthereumNews.com.

Key Points: The merger between American Bitcoin Corp. and Gryphon Digital Mining aims to control 15% of U.S. Bitcoin mining hashrate. The merger is valued at $350 million and is expected to finalize by the end of September. Experts highlight potential regulatory alignments following the merger, driven by technological advancements and institutional backing. American Bitcoin Corp., co-founded by Eric Trump, will merge with Gryphon Digital Mining under the new ticker 『ABTC』, aiming for public listing by September 2025, according to Bloomberg. This merger positions American Bitcoin in a competitive stance within the Bitcoin mining industry, potentially controlling 15% of U.S. hashrate, affecting sector dynamics and market strategies. Gryphon CEO on Transforming Bitcoin Mining Landscape The strategic merger between American Bitcoin Corp. and Gryphon Digital Mining will result in a unified entity under the name American Bitcoin. Eric Trump’s shares will convert to approximately 367 million shares of Gryphon stock, worth an estimated $367 million. The merging of these entities is set to elevate them to a prominent position within the Bitcoin mining industry. This makes the company a formidable player, controlling around 15% of the U.S. Bitcoin hashrate and potentially influencing the market landscape. 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. Community sentiment remains watchful, awaiting the results of this sizable corporate union, as documented in Gryphon Digital Mining’s official release. Historical Context, Price Data, and Expert Insights Did you know? The ambitious merger looks to follow past industry consolidations akin to Marathon and Riot’s in 2022, which enhanced market capital and operational efficiency significantly. As of…

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Filed under: News - @ August 1, 2025 2:30 am