Gryphon數字採礦（NASDAQ：GRYP）和American Bitcoin Corp.同意合併

美國比特幣公司（ABTC）使用Gryphon Digital Mining品牌推出了新的集成比特幣礦工

Gryphon Digital Mining (NASDAQ:GRYP) and American Bitcoin Corp have agreed to join forces in a stock-for-stock transaction that will ultimately form a new integrated Bitcoin miner using the American Bitcoin brand, the companies announced Monday.

這些公司週一宣布，使用美國比特幣品牌，Gryphon Digital Mining（NASDAQ：GRYP）和American Bitcoin Corp已同意聯手進行股票交易，最終將使用美國比特幣品牌形成新的綜合比特幣礦工。

The deal will constitute a reverse takeover (RTO), wherein a private company effectively consumes a public company and gets a listing that way. It will ultimately end up on the NASDAQ as American Bitcoin, using the ticker ABTC.

該交易將構成反向收購（RTO），其中一家私人公司有效地消費了一家上市公司並以這種方式獲得上市。最終，它將使用股票ABTC最終以美國比特幣的身份進入納斯達克。

The new venture is being launched by Hut 8 Corp. (NASDAQ:HUT) (TSE:HUT) in partnership with Eric Trump to become the world’s largest pure-play Bitcoin miner. It will also build a strategic Bitcoin reserve. The company aims to reshape the Bitcoin mining landscape by consolidating resources and political connections.

這項新事業由Hut 8 Corp.（NASDAQ：HUT）（TSE：HUT）與Eric Trump合作，成為世界上最大的純比特幣礦工。它還將建立一個戰略性的比特幣儲備。該公司旨在通過鞏固資源和政治聯繫來重塑比特幣採礦環境。

American Bitcoin stockholders will control 98 per cent of the combined company, while current Gryphon stockholders will retain just 2 per cent. The companies expect to close the transaction in the third quarter of 2025. The deal remains subject to stockholder approval and other customary conditions.

美國比特幣股東將控制98％的合併後公司，而現任獅ryphon股東只能保留2％。兩家公司預計將在2025年第三季度完成交易。該交易仍受股東批准和其他習慣條件的約束。

The deal gives American Bitcoin a faster route to public markets. Merging with NASDAQ-listed Gryphon avoids the delays of a traditional IPO. Gryphon shareholders face significant dilution but gain equity in a more ambitious venture, while Hut 8’s involvement adds credibility, as it brings established expertise in cryptocurrency mining.

這筆交易使美國比特幣成為通往公共市場的速度。與納斯達克上市的獅ry合併避免了傳統IPO的延遲。野蠻的股東在更雄心勃勃的冒險中面臨著巨大的稀釋，但在更雄心勃勃的冒險中獲得了平等，而小屋8的參與則增加了信譽，因為它帶來了加密貨幣挖掘方面的既定專業知識。

Eric Trump’s partnership with American Bitcoin adds a high-profile name and brings potential political considerations that investors should monitor. The companies expect to close the transaction in the third quarter of 2025, suggesting regulatory and shareholder approvals will likely proceed smoothly.

埃里克·特朗普（Eric Trump）與美國比特幣（American Bitcoin）的合作夥伴關係增加了一個備受矚目的名稱，並帶來了投資者應監控的潛在政治考慮。兩家公司預計將在2025年第三季度完成交易，這表明監管和股東批准可能會順利進行。

output: Gryphon Digital Mining, Inc. (NASDAQ:GRYP) and American Bitcoin Corp today announced a definitive agreement for a stock-for-stock merger that will create a new, integrated bitcoin miner using the American Bitcoin brand. The transaction is expected to close in the third quarter of 2025, and the combined company's common stock will be traded on the NASDAQ Stock Market under the ticker symbol "ABTC."

輸出：Gryphon Digital Mining，Inc。 （NASDAQ：GRYP）和American Bitcoin Corp今天宣布了對股票合併的確定協議，該協議將創建使用美國比特幣品牌的新的，集成的比特幣礦工。該交易預計將在2025年第三季度完成，合併後的公司的普通股將在納斯達克股票市場上以股票符號“ ABTC”進行交易。

The merger will be structured as an RTO of Gryphon by American Bitcoin. Upon closing, American Bitcoin stockholders will hold approximately 98 per cent of the combined company, and Gryphon stockholders will hold approximately 2 per cent.

合併將由American Bitcoin構建為Gryphon的RTO。關閉後，美國比特幣股東將持有約98％的合併後公司，而野蠻的股東將持有約2％。

American Bitcoin is a private company being formed by Hut 8 and Eric Trump to become the world’s largest pure-play bitcoin miner and build a strategic bitcoin reserve. The company aims to reshape the bitcoin mining landscape by consolidating resources and political connections.

美國比特幣是由Hut 8和Eric Trump組成的一家私人公司，成為世界上最大的純比特幣礦工，並建立戰略性比特幣儲備。該公司旨在通過鞏固資源和政治聯繫來重塑比特幣採礦環境。

"This transaction marks the next step in scaling American Bitcoin as a purpose-built vehicle for low-cost bitcoin accumulation at scale," said Asher Genoot, chief executive officer of Hut 8. "By taking American Bitcoin public, we expect to unlock direct access to dedicated growth capital independent of Hut 8's balance sheet, while preserving long-term exposure to bitcoin upside for our shareholders."

Hut 8 Hut 8的首席執行官Asher Genoot說：“這項交易標誌著將美國比特幣作為專業製造的低成本比特幣積累的專業車輛的下一步。“通過將American Bitcoin Public帶到美國比特幣公開場合，我們希望將獨立於HUT 8的資金的專用增長提供直接訪問，而獨立於Hut 8的資產負債表，同時保留了我們的股票，以維護我們的股票，以維持我們的股票，以維持我們的股份，以供您使用Bitsoiltersordersordersordersordersers。 ''

Gryphon shareholders are being advised by Benzinga and The Integration Point.

Benzinga和整合點建議了Gryphon股東。

"We are pleased to announce this merger, which we believe will be beneficial to both Gryphon and American Bitcoin shareholders," said Gary Butovich, chief executive officer of Gryphon. "This transaction will allow Gryphon shareholders to participate in a unique and exciting venture that is poised for significant growth in the years to come."

Gryphon首席執行官Gary Butovich說：“我們很高興地宣布這項合併，我們認為這對獅ry和美國比特幣股東都會有益。” “這項交易將使野蠻的股東能夠參與一項獨特而激動人心的冒險，該公司有望在未來幾年內實現顯著增長。”

American Bitcoin is applying for listing on the NASDAQ exchange. The company's stock is expected to begin trading on the exchange in early 2024.

美國比特幣正在申請納斯達克交易所上市。該公司的股票預計將於2024年初開始在交易所進行交易。

The merger agreement has been unanimously approved by both companies' boards of directors and is subject to approval by both companies' shareholders and other customary closing conditions.

合併協議已得到兩家公司董事會的一致批准，並得到兩家公司股東和其他習慣結業條件的批准。

The companies anticipate completing the transaction in the third quarter of 2025.

兩家公司預計將在2025年第三季度完成交易。

The companies believe that the merger will provide several benefits to both companies' shareholders, including:

兩家公司認為合併將為兩家公司的股東提供一些好處，包括：

• A faster and more efficient path to public markets for American Bitcoin.

•美國比特幣的更快，更有效的公共市場途徑。

• Greater liquidity and trading volume for both companies' shares.

•兩家公司的流動性和交易量更大。

• Increased brand awareness and name recognition for both companies.

•提高了兩家公司的品牌知名度和名稱認可。

• The opportunity for both companies to expand their operations and product offerings.

•兩家公司都有機會擴展其運營和產品。

The merger agreement provides that each Gryphon share will be converted into the right to receive 0.02 new American Bitcoin shares for a period of five years from the closing of the transaction. At current Gryphon share prices, this values Gryphon at around $478 million, which is about a third of the $1.3 billion valuation that American Bitcoin shares are expected to trade at following the transaction.

合併協議規定，從交易結束後的五年內，每份野蠻的股份將轉換為獲得0.02新的美國比特幣股份的權利。在目前的獅ry股價上，這一價值的野蠻人約為4.78億美元，約為美國比特幣股票在交易之後的13億美元估值中的三分之一。

The merger will result in the new American Bitcoin shares being valued at a premium of about 30 per cent to the average of other publicly traded U.S. Bitcoin miners, based on market capitalisations.

合併將導致新的美國比特幣股票的價值約為30％，低於其他公開交易的美國比特幣礦工的平均水平。

The partnership with Trump brings a high-profile name and potential political considerations that investors should monitor.

與特朗普的伙伴關係帶來了投資者應監控的備受矚目的名稱和潛在的政治考慮因素。

The companies expect to close the transaction in the third quarter of 2025, suggesting that regulatory and

兩家公司預計將在2025年第三季度完成交易，這表明該監管和