The Strategic Merger of Gryphon and American Bitcoin: A Catalyst for Dominance in the Evolving Bitcoin Mining Landscape
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最新报道：Gryphon Digital Mining and American Bitcoin Corp (ABTC) announced a strategic merger to create a leading publicly traded Bitcoin mining firm, with Gryphon shareholders owning 72% of the combined entity. The all-stock deal aims to enhance operational efficiency and scale, leveraging Gryphon’s zero-debt, ESG-focused approach and ABTC’s low-cost power infrastructure. Post-merger, the company will operate under Gryphon’s management, targeting a 4.4 EH/s hash rate by mid-2024. ABTC CEO Russell Cann highlighted the merger’s potential to drive profitability amid Bitcoin’s halving event, while Gryphon CEO Rob Chang emphasized sustainable growth in the evolving mining landscape. The transaction is expected to close in Q2 2024.
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