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Gryphon Digital Mining ( (GRYP) ) has provided an announcement.
On September 3, 2025, the Combined Company announced the completion of its stock-for-stock merger with Gryphon Digital Mining, resulting in the debut of American Bitcoin Corp. on Nasdaq under the ticker symbol ‘ABTC’. This merger marks a significant milestone in the company’s strategy to become a premier public vehicle for Bitcoin accumulation, leveraging its partnership with Hut 8 to enhance operational efficiency and market positioning. The announcement also included changes in the company’s leadership, with appointments of new directors and executive officers, and the termination of previous loan agreements, indicating a strategic shift towards a more streamlined and focused business model.
The most recent analyst rating on (GRYP) stock is a Hold with a $1.50 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 score is primarily impacted by its weak financial performance, with significant operational and balance sheet challenges. However, positive technical indicators and recent corporate events, such as the merger and Nasdaq compliance, provide some optimism. The valuation remains unattractive due to negative earnings.
To see Spark’s full report on GRYP stock, click here.
More about Gryphon Digital Mining
Gryphon Digital Mining, now part of the Combined Company, operates in the digital asset mining industry, focusing primarily on Bitcoin mining. The company aims to provide institutional-grade exposure to Bitcoin through a business model that integrates scaled self-mining operations with disciplined accumulation strategies.
Average Trading Volume: 8,605,676
Technical Sentiment Signal: Sell
Current Market Cap: $127.5M
Learn more about GRYP stock on TipRanks’ Stock Analysis page.