The deal will be conducted via a stock swap, with the new entity using the American Bitcoin brand. Eric Trump will be on the board post-merger.
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Trump-linked American Bitcoin raises $220M for mining, treasury
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Eric Trump, co-founder of American Bitcoin, will join the board of directors of the new publicly traded American Bitcoin entity following its merger with Gryphon Digital Mining.
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American Bitcoin will merge with publicly traded company Gryphon Digital Mining in a stock swap transaction, with the combined company continuing under the American Bitcoin name.
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