News
Hut 8’s American Bitcoin to go public in Gryphon Digital merger
Hut 8’s majority-owned subsidiary American Bitcoin has announced plans to go public in a stock-for-stock merger with cryptocurrency mining firm Gryphon Digital. The company acquired a majority stake in American Bitcoin in April, joining forces with its management team, which includes the son of President Donald Trump, Eric Trump.
Trump Family-Backed American Bitcoin to Go Public via Merger With Gryphon Digital
American Bitcoin, Hut 8’s majority-owned unit backed by the Trump family, will go public via a merger with Gryphon Digital Mining (GRYP). Shares of Hut 8 Corp. (HUT) jumped 12% in pre-market trading, while Gryphon Digital Mining (GRYP) soared more than 200%, following the news.
Analyst maintains Buy rating and $32 price forecast for Hut 8 ($HUT), citing potential growth in AI hosting and ...
American Bitcoin, backed by Donald Trump’s sons, Eric Trump and Donald Trump Jr, was acquired by Hut 8 in April, and has ...
Transaction designed to drive American Bitcoin's capital markets access and growth trajectory MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) ("Hut 8" or the ...
Hut 8 Corp. missed consensus revenue estimates but beat EPS estimates, reporting $21.8 million in revenue and a $134.3 ...
Analysts maintain Buy rating & $25 price forecast for Hut 8 Corp. despite weak Q1 results. Shift to American BTC mining & HPC ...
Hut 8 Corp (HUT) showcases growth initiatives and infrastructure expansion amid revenue decline and rising costs.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback