Gryphon Digital Mining (Nasdaq: GRYP) announced stockholder approval of its merger with American Bitcoin on August 27, 2025. A 5-for-1 reverse stock split will take effect September 2, 2025, to meet Nasdaq requirements. Post-merger, shares will trade as “ABTC” under new CUSIP 02462A104. Outstanding shares reduce from ~82.8M to ~16.6M. No action needed for most stockholders; fractional shares rounded up.
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