Trump-Backed American Bitcoin Joins Forces with Gryphon Digital Mining in High-Stakes Merger

Two mining giants collide—just as Bitcoin’s halving hype fades and energy costs spike. Perfect timing, as always.

American Bitcoin, the politically-charged mining operation linked to Trump allies, just locked in a merger with Gryphon Digital Mining. The deal combines Gryphon’s carbon-neutral claims with American Bitcoin’s firebrand reputation—creating a new heavyweight in an industry desperate for legitimacy.

Behind the press release: A scramble for survival. Public miners are bleeding cash post-halving, and this ’strategic alignment’ reeks of two players bracing for a brutal market. Will their combined hashrate matter when institutional ETFs are hoovering up all the upside?

Bonus cynicism: Nothing unites rivals faster than dwindling profit margins—except maybe a shared lobbyist on speed-dial.

American Bitcoin launches as Trump mining venture

American Bitcoin originally launched on March 31 as a partnership between Eric Trump and Donald Trump Jr. with the Hut 8 mining firm. Hut 8 supplied 61,000 mining rigs and 11 U.S. data centers in exchange for 80% ownership of the firm. The remaining 20% went to Eric Trump and Donald Trump Jr., in addition to their other crypto ventures.

The TRUMP family has strong ties to the crypto industry, particularly through the company World Liberty Financial. Both Eric Trump and Donald Trump Jr. are actively involved in the company’s management, which is also linked to President Donald Trump himself.

The involvement in the crypto space opened Trump up for intense criticism from the opposition. Notably, several legislators raised concerns over potential conflicts of interest. This is particularly due to recent changes to crypto regulation, which Trump is spearheading.