Gryphon Digital Mining’s stock has experienced a remarkable surge, rising by 231% in anticipation of its merger with American Bitcoin. The deal, led by high-profile investors, is expected to close in September, signaling a significant shift in the cryptocurrency market. This merger fuels the connection between politics and digital finance, as the Trump family’s involvement will grant them near total control of the newly merged entity. Institutional backing for Bitcoin has already been seen through investments from prominent figures such as Gemini founders and Hut 8, further accelerating the growth trajectory of this sector. Notably, Gryphon’s filing of a $5 billion mixed securities shelf indicates plans to expand its operations, reflecting confidence in the merger’s success. This significant surge highlights the potential for market volatility and underscores the growing importance of the cryptocurrency industry.