Trump-Linked Bitcoin Venture Set to IPO via Merger with Gryphon Digital

American Bitcoin, a subsidiary of Hut 8 Corp. and linked to former President Donald Trump, is preparing for its public debut through a merger with Gryphon Digital Mining. This stock-for-stock transaction is anticipated to be finalized in Q3 2025. American Bitcoin shareholders will hold 98% ownership after the merger, while Gryphon shareholders will retain the remaining 2%. The combined company will operate under the American Bitcoin brand and trade on the Nasdaq under the symbol ABTC.