The merger between American Bitcoin Corp., co-founded by Eric Trump, and Gryphon Digital Mining, is set to aim for 15% control of the U.S. Bitcoin hashrate by the end of September.
Strategic Merger
The merger will culminate in a unified company named American Bitcoin. Eric Trump's shares will convert to approximately 367 million shares of Gryphon stock, valued at around $367 million.
Historical Context and Prospects
The merger is viewed as parallel to past industry consolidations like Marathon and Riot in 2022, aimed at enhancing market capitalization and operational efficiency. As of July 31, 2025, Bitcoin is trading at $116,113.81.
Expert Insights and Future Trends
Experts note that the focus on technological advancements may accelerate future regulatory alignments. The newly formed entity will be positioned to respond effectively to market changes.
The merger between American Bitcoin Corp. and Gryphon Digital Mining opens new avenues for transforming the landscape of Bitcoin mining and raises questions about future regulatory initiatives and market dynamics.
