Gryphon Digital Mining’s stock has soared 231% ahead of its merger with American Bitcoin, fueled by the anticipated benefits of a larger mining operation. The deal, set for completion in September 2025, boasts prominent figures like Donald Trump Jr. and Eric Trump as controlling founders, aiming to shape the company’s Bitcoin strategy. The merger is an all-stock exchange that will result in a new entity combining Gryphon’s expertise with American Bitcoin’s operations. Hut 8 CEO Asher Genoot, with extensive experience managing large mining firms, is overseeing logistical aspects of this important fusion. Cameron and Tyler Winklevoss, co-founders of the Gemini Exchange and early Bitcoin adopters, are key anchor investors in this merger. These figures signify the merging companies’ significant role within the crypto community.