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.