A merger worth over 350 million dollars is shaking the crypto mining world. The protagonist is Eric Trump, who is preparing to take his American Bitcoin Corp public thanks to the union with Gryphon Digital Mining Inc..
According to the latest official communications, this is one of the most significant operations ever seen in the U.S. sector.
The project aims to redefine the balance of Bitcoin mining, with direct effects on both the Nasdaq and the entire cryptocurrency sector.
Analysts speak of a “strategic shift” for the competitiveness of US companies, which could now attract a new wave of institutional capital.
A new mining giant is born: American Bitcoin merges with Gryphon Digital
Eric Trump, today at the operational helm of American Bitcoin, is accelerating the company’s expansion into the heart of the U.S. industry.
The merger with Gryphon Digital will combine assets, technologies, and expertise to create an entity that, according to estimates, will control over 15% of the national hashrate.
A result that would position the new company among the global leaders in the sector. The brand will retain the name American Bitcoin, with the official ticker ABTC on Nasdaq. The operation is expected to be completed by 2025, once it receives the green light from the SEC.
Among the highlights of the agreement is the personal participation of Eric Trump, who will receive about 350 million shares of the new entity. With the average price of Gryphon shares close to 1 dollar before the announcement, an estimated value of 350 million dollars.
Based on the latest financial statements, the aggregate capitalization post-merger should exceed 700 million dollars, making American Bitcoin one of the most capitalized crypto companies among those listed.
The entry into the Stock Exchange of a mining giant led by a member of the Trump family does not go unnoticed.
According to CNBC, the operation could influence the strategies of numerous investors and intensify the race for mergers and acquisitions among crypto operators, already on the rise in recent quarters.
As shown in the PwC report, the trend towards concentration is becoming a lever to reduce costs and increase competitiveness. However, there are concerns about possible hidden monopolies and long-term instability.
With the entry of Eric Trump, American mining receives a boost not only economically but also media-wise.
According to the New York Times, the political and familial weight of the former president could alter market balances, attracting additional attention — and regulations.
The SEC 2024 report warns against excessive concentration in the sector and the risks of “speculative bubbles” driven by high-profile public figures.
FAQ – Why is this merger important?
| Question | Answer |
| What do companies gain? | Greater computing power, cost reduction, visibility on Nasdaq |
| What changes for investors? | More attractiveness for institutional capital and greater regulatory transparency |
| What does it mean for USA mining? | Consolidation of market shares and growth of global competitiveness |
The year 2025 is shaping up to be a crucial year for the sector. According to a study published by Reuters, Bitcoin mining has recorded a 20% growth already in the first quarter of 2024.
The phenomenon is fueled by:
- Private and public capital inflows
- Increased regulatory control by the SEC
- Evolution of crypto-financial business models
The future of Bitcoin mining after the Trump-Gryphon merger
The birth of American Bitcoin marks the beginning of a new phase for the mining industry. But one question remains: will it be a new boom or the start of another bubble?
While the Nasdaq watches and regulators monitor, the market will have to decide whether to reward the boldness of Eric Trump or keep its guard up.
If you are interested in the future developments of the new ABTC, you can follow the real-time trend on the Nasdaq page of Gryphon or delve into regulatory topics on the SEC portal.
