Gryphon Stock Soars 231%, Driven by Bitcoin Merger Speculation

Gryphon Digital Mining’s stock has experienced a remarkable surge of over 231% since May, anticipation for the upcoming merger with Trump-linked American Bitcoin in September driving this rally. The company’s shares gained 42.1% on Thursday alone, reaching $1.75 per share from $1.35, as market analysts attribute this jump to the merging of these companies which is expected to see trading begin early next month.