<ul><li>Gryphon stock rose 200% after merging with Trump-backed American Bitcoin, which is set to debut on Nasdaq with the ticker 'ABTC' by Q3 2025.</li><li>Hut 8 will retain majority ownership in American Bitcoin post-merger, with the company's leadership including Eric Trump.</li><li>American Bitcoin specializes in Bitcoin mining operations and aims to follow a strategic Bitcoin accumulation plan akin to MicroStrategy.</li><li>The merger of American Bitcoin and Gryphon has political and industry implications, with the Trump family's increased interest in cryptocurrency drawing both interest and criticism.</li></ul>

Trump Family-Backed American Bitcoin Set to Debut on Nasdaq After Merger with Gryphon

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