Bitcoin News

Story: Gryphon Stock Soars 231% Ahead of American Bitcoin Merger

By James Thorp

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Gryphon’s Rapid Share Price Climb. Shares of Gryphon jumped 42.1% on Thursday, climbing to $1.75 from $1.

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Details of the American Bitcoin Merger. The merger will be conducted as an all-stock transaction, with the new entity retaining the…

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Big-Name Investors Backing the Deal. The merger has attracted high-profile crypto investors.

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The Broader Crypto IPO Wave. The Gryphon-American Bitcoin merger comes amid a broader wave of crypto companies entering public…

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Regulatory Tailwinds for Digital Assets. One of the biggest factors fueling this wave of public debuts is the improving regulatory…

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What’s Next for Gryphon and American Bitcoin?. As the merger approaches its September closing, all eyes are on how the market will respond once…

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Conclusion. Gryphon Digital Mining’s soaring share price highlights the optimism surrounding its upcoming…

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Gryphon Digital Mining’s stock has skyrocketed in recent months, rallying more than 231% since May as anticipation builds for its upcoming merger with Trump-linked American…

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Shares of Gryphon jumped 42.1% on Thursday, climbing to $1.75 from $1.35, according to Google Finance data.

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The momentum has also been fueled by comments from Hut 8 CEO Asher Genoot, American Bitcoin’s largest investor, who confirmed to Reuters that the merger is on track to finalize…

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American Bitcoin has already been active in the market. The firm has quietly accumulated large amounts of Bitcoin, effectively operating as a de facto Bitcoin treasury.

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The merger has attracted high-profile crypto investors. Cameron and Tyler Winklevoss, co-founders of the cryptocurrency exchange Gemini, are among the anchor investors in…

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Hut 8, one of North America’s largest public Bitcoin miners, has also played a pivotal role in backing American Bitcoin.

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Circle, the issuer of the USDC stablecoin, went public in June 2025, with its shares surging 167% on debut.

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Analysts at Bitwise had predicted as early as December 2024 that 2025 would mark the year of the crypto IPO boom.

The Currency Analytics

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