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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.
American Bitcoin, backed by Donald Trump’s sons, Eric Trump and Donald Trump Jr, was acquired by Hut 8 in April, and has ...
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Gryphon Digital Mining to merge with American Bitcoin, a subsidiary of Hut 8 Corp, aiming to become world's largest & most ...
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