The Gryphon Digital Mining merger with American Bitcoin is an all-stock transaction that will form a new publicly traded company named American Bitcoin, with Eric Trump, Donald Trump Jr. and Hut 8 set to control roughly 98% of the combined entity; trading is expected to begin in early September.
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Gryphon shares surged 231% since May and jumped 42.1% to $1.75 on Thursday.
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Merger terms reported as all-stock; new company will keep the American Bitcoin name and pursue BTC treasury growth.
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Anchor investors include Winklevoss twins and Hut 8; deal expected to close soon ahead of early September trading.
Gryphon Digital Mining merger with American Bitcoin leads market gains; read the timeline, ownership split, and expected trading start—stay informed.
Gryphon’s rising share price comes as more crypto companies go public and U.S. digital asset regulation has advanced, accelerating mergers and listings in the sector.
Gryphon Digital Mining is set to merge with Trump-linked American Bitcoin in September, with its shares already up 231% since the May announcement.
Gryphon’s shares jumped 42.1% on Thursday to $1.75 from $1.35, per Google Finance data. The rally followed comments from Hut 8 CEO Asher Genoot (largest investor in American Bitcoin) reported by Reuters that the merger is expected to be finalized soon, with trading slated to begin in early September.
According to the Reuters report, the merger will be all-stock. The new entity will retain the name American Bitcoin, and its two founders — Eric Trump and Donald Trump, Jr. — and Hut 8 will own 98% of the entity.
Gryphon Digital Mining’s share price on Thursday. Source: Google Finance
Anchor investors have been finalized. Two investors in American Bitcoin are Cameron and Tyler Winklevoss, the co-founders of cryptocurrency exchange Gemini. Cointelegraph reached out to American Bitcoin for comment but had not received a reply at time of publication.
What is the Gryphon Digital Mining merger with American Bitcoin?
The Gryphon Digital Mining merger with American Bitcoin is an all-stock combination that will create a single public company named American Bitcoin, consolidating mining operations and a growing Bitcoin (BTC) treasury. Executives expect the transaction to close before early September and to support expanded Bitcoin reserves and mining capacity.
How will the merger affect Gryphon Digital Mining shareholders and market dynamics?
Shareholders have seen strong price action: Gryphon shares are up roughly 231% since May and rose 42.1% intraday to $1.75. The all-stock deal grants existing leaders and key investors, including Eric Trump, Donald Trump, Jr., and Hut 8, approximately 98% ownership of the combined firm.
The merger is positioned to accelerate accumulation of BTC on the balance sheet and expand mining operations through planned equipment purchases and potential acquisitions in Asia. Market response has been driven by improved U.S. digital asset policy and investor appetite for crypto-related public listings.
Why is the timing favorable for crypto companies to go public?
Policy shifts in the United States have reduced regulatory uncertainty. Notable developments include a presidential executive order in March 2025 establishing a strategic Bitcoin reserve and the passage of the GENIUS Act in July 2025 regulating stablecoins. These moves helped catalyze a wave of IPOs and SPACs in 2025.
Recent high-profile listings—Circle and Bullish—produced strong debut gains, and firms such as Gemini and Kraken have publicly prepared IPO filings. This macro backdrop is cited by market participants as key to renewed investor interest in crypto public equities.
Frequently Asked Questions
How will the combined company build its Bitcoin treasury?
The combined company plans to accumulate BTC via direct purchases and by deploying proceeds from operations and financing. American Bitcoin has already been quietly building a BTC treasury and intends to expand reserves through equipment-backed mining and targeted acquisitions in Asia.
Who are the anchor investors and what role will they play?
Anchor investors include Hut 8 and Cameron and Tyler Winklevoss. Hut 8 is a principal investor and will be part of the controlling ownership group, while the Winklevoss twins are noted as investors in American Bitcoin; both parties support the company’s strategic expansion plans.
Key Takeaways
- Merger structure: All-stock transaction creating a public company named American Bitcoin.
- Ownership concentration: Eric Trump, Donald Trump Jr., and Hut 8 expected to control ~98% of the combined firm.
- Market context: Regulatory progress and successful crypto IPOs in 2025 have driven renewed investor interest and valuations.
How to follow the merger timeline
Track official filings and company statements for definitive dates. Expect closing and listing updates before trading begins in early September. For now, monitor public statements from Hut 8 and company press releases.
Conclusion
The Gryphon Digital Mining merger with American Bitcoin consolidates mining operations and a growing Bitcoin treasury under a single publicly traded company. With an all-stock structure and concentrated ownership, the deal underscores renewed investor appetite for crypto equities amid U.S. policy shifts. Follow official updates through company disclosures and regulatory filings for final timelines and trading details.
Author: COINOTAG | Published: 2025-08-28 | Updated: 2025-08-28
