Finance

American Bitcoin Corp. Launches on Nasdaq: How the Merger With Gryphon Digital Mining Redefines Bitcoin Investment

American Bitcoin Corp. began trading on Nasdaq after merging with Gryphon, aiming for Bitcoin exposure via mining/purchases.

byAndres Castro

September 3, 2025, 12:11 PM

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Executive Summary

American Bitcoin Corp. (ABTC) commenced trading on the Nasdaq stock exchange on September 3, 2025, following its stock-for-stock merger with Gryphon Digital Mining.

ABTC aims to establish itself as an institutional-grade platform for Bitcoin accumulation through direct purchases and mining, offering scalable and singular exposure to the asset.

The company leverages a strategic partnership with Hut 8 (HUT) for its mining operations, which provides access to ASICs and colocation, aiming to enhance efficiency and free up capital for Bitcoin accumulation.

The Story So Far

American Bitcoin Corp. debuted on Nasdaq following a merger, positioning itself to meet investor demand for scalable, institutional-grade exposure to Bitcoin by combining direct purchases with efficient mining operations, the latter facilitated by a strategic partnership with Hut 8 to reduce infrastructure costs and free up capital for further Bitcoin accumulation.

Why This Matters

The debut of American Bitcoin Corp. on Nasdaq, following its merger with Gryphon Digital Mining, establishes a new publicly traded vehicle designed to offer investors scalable, singular exposure to Bitcoin through both mining and direct purchases. This move not only broadens the pathways for institutional investment in digital assets but also highlights an evolving model for crypto companies, leveraging strategic partnerships like that with Hut 8 to optimize efficiency and capital allocation for Bitcoin accumulation.

Who Thinks What?

American Bitcoin Corp. (ABTC) commenced trading on the Nasdaq stock exchange today, September 3, 2025, following the completion of its stock-for-stock merger with Gryphon Digital Mining (GRYP). The debut marks a significant step for the company, which aims to establish itself as an institutional-grade platform for Bitcoin accumulation through both direct purchases and its primary business of Bitcoin mining.

The company’s strategic vision is to offer investors scalable and singular exposure to Bitcoin. Through this public listing, American Bitcoin positions itself as a key player in the evolving digital asset landscape.

Company Vision and Strategy

Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin, stated in a company press release that the public listing transforms American Bitcoin into a “premier public vehicle for investors seeking scalable, singular exposure to the defining asset class of our time.” This statement underscores the company’s ambition to be a leading investment avenue for Bitcoin.

American Bitcoin leverages a partnership with Hut 8 (HUT) to facilitate its mining operations. This collaboration provides access to advanced ASICs and a scaled colocation platform, enabling the company to mine Bitcoin without substantial direct investment in infrastructure.

The company anticipates that shared services with Hut 8 will enhance efficiency in selling, general, and administrative (SG&A) expenses. This approach is expected to free up more capital, which can then be allocated towards the accumulation of Bitcoin.

In summary, American Bitcoin Corp. has officially debuted on Nasdaq, aiming to provide an institutional-grade platform for Bitcoin exposure. The company plans to achieve this through a combination of Bitcoin mining and purchases, supported by strategic partnerships and a focus on operational efficiency.