Trump-Linked Miner American Bitcoin to Go Public via Gryphon Merger

American Bitcoin, a bitcoin mining firm with ties to former US President Donald Trump, is set to become publicly listed through a merger with crypto mining company Gryphon Digital Mining. The announcement was made on May 12th. Under the terms of the deal, Gryphon will acquire American Bitcoin in a stock-for-stock transaction. Following the merger, the new entity will operate under the American Bitcoin brand and be led by its board of directors, which includes Eric Trump, son of Donald Trump.