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American Bitcoin, a Trump-affiliated Bitcoin mining firm, is set to go public through a merger with Gryphon Digital Mining. The deal, expected to close in Q3 2025, will list the combined entity on Nasdaq under the ticker ‘ABTC’.
- American Bitcoin shareholders will own ~98% of the merged entity, with Gryphon holders retaining ~2%.
- Hut 8 will serve as the exclusive infrastructure partner post-merger, securing long-term revenue streams.
- The Trump family's crypto ventures include a DeFi stablecoin, meme coins, and ETF partnerships with Crypto.com.
📎 Related coverage from: cryptopotato.com