American Bitcoin Mining Giant Seeks Nasdaq Listing Through Gryphon Merger
American bitcoin Corp. Moves Toward Nasdaq Listing with Merger Announcement
Overview of the Merger
American bitcoin Corp. has taken significant steps toward a public listing on Nasdaq, aiming to trade under the ticker “ABTC.” The company, which focuses on enhancing bitcoin infrastructure in the U.S., has announced a stock-for-stock merger with Gryphon Digital Mining, Inc., a notable player in the bitcoin mining sector. This merger is set to be finalized as early as the third quarter of 2025.
Details of the Registration Statement
On July 1, 2025, American bitcoin filed an amended registration statement with the U.S. Securities and Exchange Commission (SEC). This document includes a preliminary proxy statement and prospectus related to the merger. Although the registration has not yet been approved, it offers crucial insights into both companies and the merger process.
Structure of the Combined Entity
Following the merger, the new entity will operate under the American bitcoin brand, with leadership coming from American bitcoin‘s existing management team. The merger is designed to create a stronger, unified company that leverages the strengths of both organizations.
About American bitcoin Corp.
American bitcoin is primarily owned by Hut 8 and is dedicated to large-scale bitcoin mining and reserve development. The company combines Hut 8’s operational expertise with strategic insights from Eric Trump, focusing on advancing decentralized financial systems.
About Gryphon Digital Mining
Gryphon Digital Mining is recognized for its innovative approach within the bitcoin mining industry. More information about their operations can be found on their official website.
Cautionary Statements
This announcement contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could lead to actual outcomes differing from expectations. Factors influencing these outcomes include the timing of the merger, regulatory approvals, and market conditions.
Important Information for Investors
This press release pertains to a proposed merger between American bitcoin and Gryphon. Gryphon has filed a registration statement with the SEC to register shares to be issued in connection with the merger. Once the registration is effective, a definitive proxy statement will be sent to Gryphon’s shareholders for their approval.
Participants in the Merger Solicitation
American bitcoin and Gryphon, along with certain executives and directors, may be considered participants in the solicitation of proxies related to the merger. Detailed information about their roles and interests will be included in the proxy statement.
Disclaimer
This communication is intended solely for informational purposes and does not constitute an offer to sell or solicit any securities. No securities will be offered except through a prospectus that meets the requirements of the Securities Act.
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