Merger of Historical ABTC with Gryphon Digital Mining completed
Company: Hut 8
The claim, verbatim
On September 3, 2025, the merger between Historical ABTC and Gryphon Digital Mining closed, with Historical ABTC shareholders receiving approximately 98% of the combined company's stock on a fully diluted basis; the combined company was renamed American Bitcoin Corp.
Source (primary)
Hut 8 8-K filed 2025-09-03 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “On September 3, 2025, the closing (the "Closing") of the transactions contemplated by the Merger Agreement was completed. At the Closing, (i) the issued and outstanding capital stock of Historical ABTC (other than certain excluded shares) was canceled and converted into the right to receive newly issued stock representing, in the aggregate, approximately 98% of the issued and outstanding stock of Gryphon as of immediately following the Closing, on a fully diluted basis, and (ii) Gryphon was renamed "American Bitcoin Corp."”
How we checked this
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Additional evidence
confirms Hut 8 8-K filed 2025-09-03
Quote: “On September 3, 2025, the closing (the "Closing") of the transactions contemplated by the Merger Agreement was completed. At the Closing, (i) the issued and outstanding capital stock of Historical ABTC (other than certain excluded shares) was canceled and converted into the right to receive newly issued stock representing, in the aggregate, approximately 98% of the issued and outstanding stock of Gryphon as of immediately following the Closing, on a fully diluted basis, and (ii) Gryphon was renamed "American Bitcoin Corp."”