Trump-Linked Bitcoin Venture Plots Public Debut Through Gryphon Digital Merger

BTCC / BTCC Square / Coindesk /

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2025-05-12 12:27:09

Trump Family Backed American Bitcoin To Go Public via Merger With Gryphon Digital

Another day, another crypto SPAC play—this time with a MAGA twist. The Trump family-backed ’American Bitcoin’ is bypassing traditional IPO routes by merging with blank-check firm Gryphon Digital Mining. Because why build fundamentals when you can ride a hype wave?

The deal would take the mining operation public at a time when Bitcoin’s price remains volatile—but political branding is priceless. Expect fireworks as regulators scrutinize the marriage of crypto speculation and political clout.

Fun fact: Gryphon’s stock dipped 12% on the news. Maybe Wall Street still prefers its pump-and-dump schemes without the reality TV flavor.

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