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American Bitcoin Corp. is a Bitcoin-focused mining venture formed in March 2025 through a merger involving American Data Centers, which is partly owned by Eric Trump and Donald Trump Jr., and is majority-owned by Hut 8 Corp.
The merger between Gryphon Digital Mining and American Bitcoin Corp. is expected to close as early as the third quarter of 2025, pending shareholder and regulatory approvals.
The company resulting from the merger between Gryphon Digital Mining and American Bitcoin Corp. will operate under the name American Bitcoin and trade on Nasdaq under the ticker symbol ‘ABTC’.
Gryphon Digital Mining announced it will acquire American Bitcoin Corp. in a stock-for-stock merger that will take American Bitcoin public.

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