The American Bitcoin currency of the public by merging with Gryphon Digital

American Bitcoin, the American Bitcoin company that followed Trump, plans to the public through a combination of Gryphon Digital Mining, Inc.

The deal, which was organized as stock treatment for stocks, will witness the company to get the company and operate within the framework of the American Bitcoin brand once closed.

Details of integration

According to the May 12 newspaper ReleaseThe newly collected entity will lead the Board of Directors and the American Bitcoin management team. This includes the main characters such as Mike Ho, Asher Genot, Justin Mateen, Michael Broukhim, Matt Prusak and Eric Trump.

Once the merger is closed, the current contributors to Bitcoin America are expected to retain about 98 % of the new entity, while Gryphon holders will have about 2 %. HUT 8 will also remain the owner of the majority of the total shares.

The new company plans to include on the Nasdaq Stock Exchange under the “ABTC” pipe icon, where the deal is expected to close early in the third quarter of 2025.

HUT 8 will continue playing a major role after the merger, as he is the partner of the American Bitcoin’s infrastructure and exclusive operations. Companies have defined long -term trade agreements expected to provide stable revenue flows and contracting with digital infrastructure divisions in the past.

“This deal determines the next step in expanding the American bitcoin as a tool designed for this purpose for large -cost bitcoin accumulation,” said Asher Genot, CEO of HUT 8.

He explained that by taking Bitcoin American America, the company aims to directly reach the allocated growth capital without relying on the HUT 8 budget. The goal is to maintain long -term exposure to the potential bitcoin gains for its shareholders.

Trump -supported American Bitcoin

Bitcoin America was launched in March 2025 through a strategic partnership between HUT 8 and American Data Centers. The idea was the largest and most efficient building in the BTC Pure-Pure Play and Reserve Bitcoin Reserve.

The project is supported by the infrastructure and infrastructure of the HUT 8, with the Department of Daily Operations under the Joint Services Agreement. Soon after the launch, American databases such as American Bitcoin were renamed, with Eric Trump’s intervention as a co -founder and great strategy officials.

This recent development adds to the growing Trump family portfolio in the encryption industry. In addition to the mining company, they participate in the Defi World Liberty Financial project (WLF), which recently announced that its Stable Stablecoin will serve as a $ 2 billion settlement currency by MGX in Abu Dhabi to Binance.

Family Media Trump also has a deal with Crypto.com to create circulating investment funds, while the president and the first lady have launched their Meme currencies, the official Trump (Trump) and Milan Mimi (Melania).