American Bitcoin merger with Gryphon Digital Mining
Company: Hut 8
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)
View cached copy (2026-08-31)Live source ↗
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
Checked on September 17, 2026. The cited source supports every part of this claim.
Hut 8's 8-K states that American Bitcoin, its majority-owned subsidiary, entered into a merger agreement with Gryphon providing for Gryphon's acquisition of American Bitcoin.
Confirmed in the source:
- American Bitcoin Corp. is a majority-owned subsidiary of Hut 8
- American Bitcoin entered into an Agreement and Plan of Merger with Gryphon Digital Mining, Inc.
- The merger agreement provides for the acquisition of American Bitcoin by Gryphon
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000155837025007236/hut-20250509x8k.htm) in full (14,241 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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.”