American Bitcoin is set to go public via a merger with Gryphon Digital Mining, signifying its ambition to become the world’s leading Bitcoin mining operation. The company has secured significant backing from prominent figures in the crypto space and political circles. 98% of shares are held by Hut 8, Eric Trump, and Donald Trump Jr., who will be instrumental in guiding the venture toward its ambitious goal. The merger, expected to debut on Nasdaq as early as September, is a strategic move to gain wider access to capital markets. This alternative route to public listing offers the company broader financial opportunities compared to a traditional IPO. 4 Founded by Hut 8 and supported by high-profile investors including the Winklevoss twins, American Bitcoin’s strategy encompasses both mining Bitcoin and purchasing it on the market, allowing for flexibility based on profitability. The company has made clear its ambition to dominate the Bitcoin mining landscape, with plans for a large-scale operation in conjunction with strategic investments in new facilities. Despite potential concerns about conflicts of interest raised by former president Donald Trump, American Bitcoin insists on maintaining distance from any government involvement, focusing instead on operations and strategy through Eric Trump’s leadership. This ambitious venture promises to be one of the most closely watched crypto stories of 2025 as it seeks to make its mark in the ever-evolving world of digital finance.