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