Ranking
Categories
Historical Snapshots
Token unlocks
Yield
Real-World Assets
Trending
Upcoming
Recently Added
Gainers & Losers
Most Visited
Community Sentiment
Chain Ranking
Crypto
Politics
Sports
Overall NFT Stats
Upcoming Sales
Market Overview
Spot Market
No. of Cryptocurrencies
Bitcoin Treasuries
BNB Treasuries
Fear and Greed Index
Altcoin Season Index
Market Cycle Indicators
Bitcoin Dominance
CoinMarketCap 20 Index
CoinMarketCap 100 Index
Crypto ETFs
Bitcoin ETFs
Ethereum ETFs
RSI
MACD
Overview
Liquidations
Funding Rates
Signals
Trending
New
Gainers
Meme Explorer
Top Traders
Spot
Derivatives
Spot
Derivatives
Feeds
Topics
Lives
Articles
Converter
Newsletter
CMC Launch
CMC Labs
Telegram Bot
Advertise
Crypto API
Site Widgets
News
Academy
Research
Videos
Glossary
Ask CMC AI
AI Alerts
Airdrops
Diamond Rewards
Learn & Earn
ICO Calendar
Events Calendar
$BTC Mining Firm American $BTC Going Public With #Trump Connection
Hut 8 subsidiary American $BTC is going public through a merger with Gryphon Digital Mining in a transaction expected to close as early as Q3.
#EricTrump, son of President Donald Trump, will serve as co-founder and chief strategy officer of the company.
The stock-for-stock merger will see American $BTC shareholders owning approximately 98% of the merged entity.
CEO Asher Genoot stated the transaction aims to "unlock direct access to dedicated growth capital independent of Hut 8's balance sheet."
The company's core objectives include mining $BTC efficiently, leading the $BTC ecosystem, and building a $BTC reserve.
23
