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American Bitcoin merger with Gryphon Digital Mining

Company: Hut 8

Subject kind
acquisition
Statement date
2025-05-11
Current status
stated

The claim, verbatim

American Bitcoin Corp., a majority-owned subsidiary of Hut 8, entered into an Agreement and Plan of Merger with Gryphon Digital Mining, Inc., providing for the acquisition of American Bitcoin by Gryphon.

Source (primary)

Hut 8 8-K filed 2025-05-12 (SEC EDGAR, sec_filing)
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Quote: “On May 9, 2025, American Bitcoin Corp. ("American Bitcoin"), a Delaware corporation and majority-owned subsidiary of the Company focused on industrial-scale Bitcoin mining and strategic Bitcoin reserve development, entered into an Agreement and Plan of Merger (the "Merger Agreement") with Gryphon Digital Mining, Inc., a Delaware corporation ("Gryphon"), GDM Merger Sub I Inc., a Delaware corporation, and GDM Merger Sub II LLC, a Delaware limited liability company, providing for the acquisition of American Bitcoin by Gryphon.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Hut 8 8-K filed 2025-05-12

Quote: “On May 9, 2025, American Bitcoin Corp. ("American Bitcoin"), a Delaware corporation and majority-owned subsidiary of the Company focused on industrial-scale Bitcoin mining and strategic Bitcoin reserve development, entered into an Agreement and Plan of Merger (the "Merger Agreement") with Gryphon Digital Mining, Inc., a Delaware corporation ("Gryphon"), GDM Merger Sub I Inc., a Delaware corporation, and GDM Merger Sub II LLC, a Delaware limited liability company, providing for the acquisition of American Bitcoin by Gryphon.”

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