American Bitcoin Begins Trading on Nasdaq
American Bitcoin completed its merger with Gryphon Digital Mining and began trading on Nasdaq as ABTC. The company combined industrial-scale mining with an explicit Bitcoin accumulation strategy, creating another public-equity vehicle centered directly on Bitcoin.
American Bitcoin Corp. began trading on Nasdaq under the ticker ABTC on September 3, 2025, after completing its merger with Gryphon Digital Mining. SEC filings show that the transaction closed that day, Gryphon was renamed American Bitcoin, and the combined company's Class A shares began trading under the new ticker. The transaction left former American Bitcoin shareholders with approximately 98% of the combined company on a fully diluted basis.
The company was designed around a Bitcoin-specific model rather than a conventional mining business alone. American Bitcoin described itself as an accumulation platform combining scaled Bitcoin mining with purchases intended to increase Bitcoin per share. Hut 8 remained the controlling shareholder, while Eric Trump served as co-founder and chief strategy officer. That structure gave public-market investors another way to obtain corporate exposure to both Bitcoin production and Bitcoin treasury accumulation.
The Nasdaq debut mattered because 2025 was seeing the rapid multiplication of public companies whose valuation and capital strategy were explicitly tied to Bitcoin. American Bitcoin represented a distinct version of that trend: a company built around mining infrastructure and accumulation at the same time, rather than an operating company later adding Bitcoin to its balance sheet.