Trump-Linked Bitcoin Venture Guns for Public Listing via Gryphon Digital Merger

Another day, another crypto SPAC play—this time with a red-hatted twist. The Trump family-backed ’American Bitcoin’ is merging with blank-check firm Gryphon Digital Mining, aiming to bypass the traditional IPO slog. Because why build fundamentals when you can ride a hype wave straight to Nasdaq?

The deal would give the politically charged crypto project access to public markets, though skeptics note Gryphon’s own stock trades at roughly the price of a Starbucks latte. Nothing says ’digital gold rush’ like a merger of convenience between a mining company that’s never mined and a Trump-branded crypto project light on technical details.

One thing’s certain: Wall Street’s appetite for crypto theater remains insatiable—even when the actors change costumes mid-performance.