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Gryphon Digital Mining Approves Merger with American Bitcoin

Story Highlights
  • Gryphon Digital Mining’s stockholders approved a merger with American Bitcoin Corp.
  • Gryphon will implement a 5-for-1 reverse stock split to meet Nasdaq’s listing requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gryphon Digital Mining Approves Merger with American Bitcoin

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Gryphon Digital Mining ( (GRYP) ) has issued an announcement.

On August 27, 2025, Gryphon Digital Mining‘s stockholders approved a merger with American Bitcoin Corp., along with several related proposals during a Special Meeting. Following the merger, Gryphon will implement a 5-for-1 reverse stock split to meet Nasdaq’s listing requirements, which will reduce the number of outstanding shares and adjust equity awards and warrants accordingly. The company’s stock will trade under the American Bitcoin brand post-merger.

The most recent analyst rating on (GRYP) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Gryphon Digital Mining stock, see the GRYP Stock Forecast page.

Spark’s Take on GRYP Stock

According to Spark, TipRanks’ AI Analyst, GRYP is a Neutral.

Gryphon Digital Mining’s overall stock score reflects a mix of strong technical momentum and positive corporate events, offset by significant financial challenges and a weak valuation. The company’s recent merger and Nasdaq compliance are key positives, but ongoing financial instability remains a major concern.

To see Spark’s full report on GRYP stock, click here.

More about Gryphon Digital Mining

Gryphon Digital Mining, Inc. is an innovative venture in the Bitcoin mining space. American Bitcoin Corp., a majority-owned subsidiary of Hut 8 Corp., focuses on industrial-scale Bitcoin mining and strategic Bitcoin reserve development.

Average Trading Volume: 7,969,428

Technical Sentiment Signal: Buy

Current Market Cap: $142.4M

See more data about GRYP stock on TipRanks’ Stock Analysis page.

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