Gryphon Digital Mining has officially secured shareholder approval for its merger transaction with American Bitcoin, marking a significant milestone in its strategic transformation. The move includes a 5-for-1 reverse stock split, designed to align with Nasdaq’s minimum bid price requirements and ensure uninterrupted listing.
Effective from September 2, 2025, at 5:00 PM ET, the company’s common shares will be consolidated—reducing the total share count from approximately 82.8 million to 16.6 million. This adjustment will not affect the company’s overall market capitalisation. Shareholders will automatically receive rounded-up whole shares for any fractional entitlements, with no cash compensation issued.
Nasdaq Compliance and Strategic Repositioning
The merger transaction with American Bitcoin is more than a technical consolidation, it represents a bold repositioning within the digital asset ecosystem. Following the closing of the transaction, the company will adopt the American Bitcoin brand and begin trading under the new Nasdaq ticker symbol “ABTC.”
The reverse stock split is a structural mechanism to elevate the share price, satisfying Nasdaq’s bid-price rule without diluting existing shareholder value. Brokerage accounts will update automatically, while registered shareholders will be serviced via the appointed transfer agent. Outstanding equity awards and warrants will be adjusted proportionally in accordance with the reverse split.
A New Phase of Market Positioning
The rebranding to American Bitcoin signals a new phase of expansion, operational scale, and capital market access. The merged entity combines Gryphon’s mining infrastructure with American Bitcoin’s strategic ambition to accumulate and manage Bitcoin reserves on an industrial scale.
Through this merger, American Bitcoin gains a direct route to public capital markets without undergoing a traditional IPO process. The resulting structure is designed to deliver long-term shareholder value through disciplined growth, enhanced transparency, and strengthened regulatory positioning.
Implications for Investors
While the reverse split may introduce short-term volatility and reduced liquidity, it positions the combined entity for greater institutional participation. Investors benefit from seamless conversion, requiring no action for those holding shares via brokerage platforms.
The decision to round up rather than cash out fractional shares is a shareholder-friendly measure, reinforcing the company’s commitment to equity integrity. The simplified capital structure, together with the strategic focus on U.S.-based mining, could provide a more stable foundation amid evolving global crypto regulations.
Industry Outlook and Strategic Timing
This development reflects broader consolidation trends in the cryptocurrency mining industry, where scale, efficiency, and access to capital have become competitive imperatives. The merger transaction with American Bitcoin underscores a long-term vision that extends beyond mining into reserve asset management and financial innovation.
With the launch of the ABTC ticker and corporate rebrand, the new entity positions itself at the intersection of energy-conscious mining, digital asset accumulation, and public market accountability, poised to appeal to both institutional and retail crypto investors.
