Dominari Holdings (DOMH) announced that American Bitcoin entered into a definitive merger agreement with Gryphon Digital Mining (GRYP). The strategic stock-for-stock transaction will result in American Bitcoin becoming a publicly traded entity on Nasdaq in which former American Bitcoin stockholders, including Dominari Holdings, will own approximately 98% of the combined company. Upon closing, expected to occur in Q3, the company will operate under the American Bitcoin brand, led by the management and current board of directors of American Bitcoin. American Bitcoin is expected to trade on Nasdaq under the ticker symbol “ABTC.” American Bitcoin was launched earlier this year, in partnership with Eric Trump, who will remain an advisor and chief strategy officer, with the goal of building a pure-play Bitcoin miner alongside a strategic Bitcoin reserve.
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