Gryphon Digital Mining Merges with Trump-Linked American Bitcoin, Rebranding to ABTC
Gryphon Digital Mining, a publicly traded Bitcoin mining company based in Las Vegas, Nevada, has made headlines recently with the announcement of its merger with American Bitcoin. This venture is notably connected to the Trump family, with both Eric Trump and Donald Trump Jr. poised to take leading roles in the newly formed entity. The implications of this merger extend beyond mere financial considerations, stirring both hope and concern in the cryptocurrency community.
Details of the Merger
The merger between Gryphon Digital Mining and American Bitcoin will be executed through a stock-to-stock transaction followed by a five-to-one reverse stock split. This split is set to take effect at 5:00 PM ET on September 2, 2025, right after the Labor Day weekend in the U.S. Following this transition, the rebranded entity will be listed on Nasdaq under the new ticker symbol, ABTC.
This strategic rebranding as American Bitcoin serves to leverage the political clout of the Trump name to attract attention and investment within the volatile cryptocurrency market. For many in the industry, the family’s high-profile associations can act as a beacon for new investors, particularly those drawn to the opportunities presented by such connections.
Goals and Aspirations
The merger is not just a financial maneuver; it aligns with broader ambitions outlined by American Bitcoin. Launched in collaboration with established Bitcoin mining company Hut 8 Corp in 2025, American Bitcoin aims to play a significant role in constructing and enhancing Bitcoin infrastructure across the United States. By merging with Gryphon Digital Mining, American Bitcoin intends to consolidate its market presence and become a more formidable player in the sector.
With Eric and Donald Trump Jr. holding substantial stakes in the new entity, their vested interest signals a commitment to ensuring the company’s success. Their involvement is not simply a financial investment; it intertwines with their political influence, wrapping cryptocurrency’s technological momentum in a broader narrative.
Institutional Interest in Bitcoin Mining
The merger has elicited mixed responses from the cryptocurrency community. Supporters argue this development could help institutionalize Bitcoin mining, increasing public awareness and thereby attracting more investment. The presence of prominent figures such as the Trump brothers may bolster Bitcoin’s appeal, convincing skeptics to reconsider mining as a viable investment.
However, not everyone shares this enthusiasm. Critics express concerns about the potential for centralized power in the cryptocurrency space, fearing that political affiliations may overshadow technological and market-driven principles. The involvement of the Trump family raises questions about regulatory scrutiny and potential conflicts of interest, casting a shadow over the merger’s perceived legitimacy.
Strategic Preparations
In anticipation of this significant transition, Gryphon Digital Mining undertook several key strategic maneuvers, including adding more shares to its authorized list and executing a reverse stock split back in May 2025. These decisions reflect a proactive approach to stabilize its market position prior to merging. This groundwork sets the stage for Gryphon to evolve into a competitive titan in Bitcoin mining alongside its new partners.
The merger not only marks a crucial shift for Gryphon but also redefines the landscape of Bitcoin mining in the U.S. As the new entity prepares to enter the public trading sphere, the combination of resources and leadership from Gryphon and American Bitcoin may provide the necessary momentum to thrive in this competitive and rapidly evolving industry.
