Gryphon Digital Mining is witnessing a remarkable rally in its stock price as the company prepares for a highly anticipated merger with American Bitcoin in September 2025. The surge comes amid growing investor confidence and an overall bullish sentiment in the cryptocurrency sector.
Gryphon Shares Skyrocket Ahead of Merger
Gryphon’s stock price has seen an extraordinary 231% increase since May, when the merger announcement was first made. On Thursday alone, the shares jumped 42.1%, reaching $1.75 from $1.35, according to recent market data.
The merger, expected to be completed in early September, will create a combined entity that retains the American Bitcoin brand name. The deal is structured as an all-stock transaction, consolidating two major players in the Bitcoin mining and digital asset industry.
Once finalized, American Bitcoin’s founders, Eric Trump and Donald Trump Jr., along with Hut 8, will control 98% of the new company. Anchor investors include Cameron and Tyler Winklevoss, founders of Gemini, further strengthening the project’s credibility.
Additionally, American Bitcoin has been accumulating Bitcoin as part of its treasury strategy and investing in mining infrastructure. Reports suggest the firm is also planning to acquire an Asian-based company to expand its BTC reserves and global footprint.
Crypto IPO Boom and Regulatory Tailwinds
The Gryphon-American Bitcoin merger aligns with a broader trend of crypto firms going public in the U.S. This wave gained momentum after recent regulatory developments, including President Donald Trump’s executive order on a national Bitcoin reserve and the signing of the GENIUS Act, which introduced stablecoin regulations.
Recent IPOs highlight this trend: Circle’s stock surged 167% after its June debut, and Bullish jumped 218% in August. Other major players, including Gemini and Kraken, are reportedly preparing for listings, signaling 2025 as a pivotal year for crypto IPOs.
The Gryphon-American Bitcoin merger is shaping up to be one of the most significant moves in the crypto mining industry this year. With institutional backing, strategic acquisitions, and favorable regulation, the combined entity could play a major role in shaping the future of Bitcoin mining and digital asset adoption in the United States.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.