Gryphon Digital Mining and American Bitcoin Corp. have submitted a revised S-4 form to the SEC, advancing their planned merger. The merger, expected to conclude by Q3 2025, will see Gryphon acquire American Bitcoin in a stock-for-stock transaction, with the combined entity operating under the 'American Bitcoin' brand. The company aims to list on Nasdaq under the ticker 'ABTC'.
Eric Trump, Co-founder & Chief Strategy Officer of American Bitcoin, highlighted the merger's goal to create a vertically integrated mining powerhouse. The move is anticipated to expand Bitcoin reserves and enhance capital market reach, with significant interest from institutional investors and the crypto community as they await the SEC's decision.
Gryphon and American Bitcoin Submit Revised Merger Plans to SEC
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