American Bitcoin Merges with Gryphon, Plans Public Offering
Key Points: American Bitcoin merges with Gryphon, controls 98% of the new entity. Post-merger, aims to be the largest Bitcoin miner. Merger highlights consolidation trends in crypto mining. American Bitcoin signed a formal merger agreement with Gryphon Digital Mining on May 12, 2025, as reported by PANews. The companies will operate as American Bitcoin with … Read more