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Bitcoinmagazine

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The Trump’s American Bitcoin Merges with Gryphon, Reports 215 BTC on Balance Sheet Since Launch

  • American Bitcoin Corp (ABTC) has acquired 215 BTC since launching operations on April 1, 2025, valued at approximately $23 million.
  • ABTC has entered into a merger agreement with Gryphon Digital Mining ($GRYP) and is expected to begin public trading under the ticker $ABTC in Q3 2025.
  • ABTC's strategic plan includes building the engine, scaling the reserve, and leading the ecosystem in Bitcoin mining operations and industry-wide adoption.
  • ABTC utilizes Foundry and Luxor pools for mining rewards and Coinbase Custody for secure cold storage, with operations in multiple locations across North America.

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