Eric Trump's American Bitcoin and Gryphon Plan Merger and Nasdaq Listing - Crypto Economy

TL;DR

• American Bitcoin Corp. and Gryphon Digital Mining have filed an amended S-4 form with the SEC as part of their planned merger.
• The combined company will retain American Bitcoin’s leadership and aims to be listed on Nasdaq under the ticker “ABTC” by Q3 2025.
• This move strengthens their Bitcoin mining ambitions and could significantly improve access to U.S. capital markets.

American Bitcoin Corp. and Gryphon Digital Mining announced on July 1 that they’ve submitted a revised registration statement to the U.S. Securities and Exchange Commission, marking a crucial step toward their anticipated merger. The deal, structured as a stock-for-stock transaction, will result in Gryphon acquiring American Bitcoin and operating under the “American Bitcoin” brand.

Leadership from American Bitcoin, including Eric Trump, will continue guiding the post-merger company. Trump, the company’s co-founder and chief strategy officer, has positioned American Bitcoin as a strategic player focused on U.S.-based mining operations and Bitcoin reserve accumulation. The merger aligns with that mission, targeting improved operational scale and increased liquidity through a public listing.

Nasdaq Listing Expected To Accelerate Bitcoin Mining Growth

The joint company is expected to begin trading on the Nasdaq under the ticker “ABTC” by the third quarter of 2025, subject to SEC approval. Investors see this as a strong signal of institutional confidence in Bitcoin’s long-term value and resilience. The American Bitcoin brand is already associated with infrastructure growth and long-term strategic reserves, and the listing could amplify these efforts through increased investor visibility.

Analysts have drawn parallels between this deal and past mergers in the North American mining sector, such as Riot’s acquisition of Whinstone, which led to a sharp rise in scale and market reach. If the SEC greenlights the registration, American Bitcoin could emerge as a key player in consolidating mining activity in the U.S.

Bitcoin Dominance Remains Strong Amid Strategic Industry Moves

At the time of writing, Bitcoin maintains a 64.67% dominance in the crypto market with a price of $106,203.73, despite a minor 0.89% dip in the last 24 hours. American Bitcoin’s potential listing comes at a moment when digital assets are regaining traction among institutional investors, reinforcing the role of publicly traded mining companies as gateways into the Bitcoin economy.

Backed by infrastructure expertise from parent company Hut 8 and the strategic leadership of Eric Trump, American Bitcoin is positioning itself not just as another miner, but as a vertically integrated digital asset enterprise. With Nasdaq listing on the horizon, this merger could signal a broader shift toward deeper integration between traditional capital markets and crypto-focused ventures.