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American Bitcoin / Gryphon merger expected close and ABTC Nasdaq listing

Company: Hut 8

Subject kind
acquisition
Statement date
2025-05-11
Promised by
2025-09-30
Current status
verified

What the later record shows

Delivered on time · happened September 3, 2025

Filings state the ABTC Merger closed on September 3, 2025, within the expected Q3 2025 window, and Gryphon was then renamed American Bitcoin Corp. The passages also refer to a closing price for American Bitcoin Class A stock, but none explicitly confirms the Nasdaq 'ABTC' ticker.

“On September 3, 2025, in accordance with the terms of the ABTC Merger Agreement, among other things, (i) Merger Sub Inc. merged with and into Historical ABTC”
2025-11-03 · Hut 8 10-Q filed 2025-11-04 View cached copy (2026-08-31)Live source ↗
“multiplied by the closing price of American Bitcoin Class A common stock on September 3, 2025”
2025-11-03 · Hut 8 10-Q filed 2025-11-04 View cached copy (2026-08-31)Live source ↗
“Gryphon was renamed American Bitcoin Corp. (“American Bitcoin”) after the completion of the ABTC Merger”
2026-08-03 · Hut 8 10-Q filed 2026-08-04 View cached copy (2026-08-30)Live source ↗

Checked October 15, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

The merger is expected to close as early as Q3 2025, with the combined company operating under the American Bitcoin brand and trading on Nasdaq under the ticker ABTC.

Source (primary)

hut-8 8-K exhibit (hut-20250509xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗

Quote: “The combined company is expected to trade on Nasdaq under the ticker symbol "ABTC." The transaction is expected to close as early as Q3 2025.”

How we checked this

Checked on October 16, 2026. The cited source supports every part of this claim.

The release gives the expected Q3 2025 closing, the American Bitcoin branding, and the expected Nasdaq ticker ABTC.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000155837025007236/hut-20250509xex99d1.htm) in full (12,691 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms hut-8 8-K exhibit (hut-20250509xex99d1.htm)

Quote: “The combined company is expected to trade on Nasdaq under the ticker symbol "ABTC." The transaction is expected to close as early as Q3 2025.”

View cached copy (2026-10-15)Live source ↗

confirms Hut 8 10-Q filed 2026-08-04

Quote: “Gryphon was renamed American Bitcoin Corp. (“American Bitcoin”) after the completion of the ABTC Merger”

View cached copy (2026-08-30)Live source ↗

confirms Hut 8 10-Q filed 2025-11-04

Quote: “On September 3, 2025, in accordance with the terms of the ABTC Merger Agreement, among other things, (i) Merger Sub Inc. merged with and into Historical ABTC”

View cached copy (2026-08-31)Live source ↗

Record of changes

October 15, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 15, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.