Gryphon Digital Mining and American Bitcoin Corp. have announced the submission of a revised SEC filing for a merger that could finalize by Q3 2025.
Revised SEC Filing
On July 1, 2025, Gryphon Digital Mining and American Bitcoin Corp. jointly announced the submission of a revised S-4 form to the SEC. The merger, driven by strategic Bitcoin reserve expansion and enhanced capital markets reach, is expected to finalize by Q3 2025.
Leadership Post-Merger
Under the agreement, Gryphon will acquire American Bitcoin through a stock-for-stock transaction, operating under the 'American Bitcoin' brand post-merger. Current management of American Bitcoin will lead the merged entity.
Bitcoin Market Dominance
Bitcoin maintains a market dominance of 64.67% with a price of $106,203.73, reflecting a slight 0.89% decrease over the last 24 hours. This situation, amid merger talks, is expected to enhance competition and capital access in the mining sector.
The merger of Gryphon Digital Mining and American Bitcoin Corp. could play a significant role in further expanding and solidifying both companies' positions in the Bitcoin market, especially with the anticipated Nasdaq listing.
