Gryphon Digital Mining’s stock has experienced an extraordinary surge, skyrocketing over 231% since the announcement of its merger with American Bitcoin. This move is fueled by significant investor interest in the new entity, set to form early September. Experts anticipate continued growth following the merger, which includes involvement from prominent investors like Eric and Donald Trump Jr., as well as a substantial $220 million funding round dedicated to mining infrastructure and Bitcoin reserves. The merger signifies a pivotal shift in U.S. Bitcoin mining, attracting attention for its political affiliations. The venture aligns with trends of Bitcoin-focused treasury strategies, potentially influencing hash rate dynamics and attracting regulatory scrutiny.