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
Checked on September 17, 2026. The cited source supports every part of this claim.
Hut 8's 8-K states that the merger closed on September 3, 2025, and that Historical ABTC stock converted into about 98% of Gryphon on a fully diluted basis. It also states that Gryphon was renamed American Bitcoin Corp.
Confirmed in the source:
- The transactions under the merger agreement between Historical ABTC and Gryphon Digital Mining closed on September 3, 2025
- Historical ABTC's issued and outstanding stock (other than certain excluded shares) was converted into the right to receive approximately 98% of Gryphon's stock immediately after the closing, on a fully diluted basis
- Gryphon, the combined company after closing, was renamed American Bitcoin Corp.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465925086738/tm2524958d1_8k.htm) in full (3,854 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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."”