American bitcoin announces go-public transaction through strategic merger with nasdaq-listed entity

Positions american bitcoin to become a publicly traded vehicle for low-cost bitcoin accumulation at scale miami , may 12, 2025 /prnewswire/ -- american bitcoin corp. ("american bitcoin" or the "company"), a bitcoin accumulation platform focused on building america's bitcoin infrastructure backbone, today announced that it has entered into a definitive merger agreement with gryphon digital mining, inc. (nasdaq: gryp) ("gryphon") pursuant to which gryphon will acquire american bitcoin in a stock-for-stock merger transaction. upon closing, the combined company will operate under the american bitcoin brand, led by the management and board of directors of american bitcoin.
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