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Hut 8 Subsidiary American Bitcoin Announces Merger with Gryphon, Shareholder Vote Initiated

Summary: According to reports, publicly listed mining company Hut 8 Corp (HUT) has announced that its subsidiary, American Bitcoin, is in the process of a stock-for-stock merger with Gryphon Digital Mining, which has now entered the shareholder voting stage. Gryphon will hold a special shareholder meeting on August 27, with registered shareholders as of July 25 ...

According to reports, publicly listed mining company Hut 8 Corp (HUT) has announced that its subsidiary, American Bitcoin, is in the process of a stock-for-stock merger with Gryphon Digital Mining, which has now entered the shareholder voting stage. Gryphon will hold a special shareholder meeting on August 27, with registered shareholders as of July 25 voting. The transaction is expected to be completed in early September 2025, with the merged entity operating under the American Bitcoin brand and listing on the NASDAQ under the ticker symbol ABTC.

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