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. Link: https://ir.gryphondigitalmining.com/news-events/press-releases/detail/51/gryphon-digital-mining-announces-stockholder-approval-of-merger-transaction-with-american-bitcoin

Canaan Inc. supplies Avalon® ASIC kits to Bitfury for upgrading 10MW North American Bitcoin mining infrastructure, enhancing efficiency and sustainability. Builds on July 2024 partnership and prior 4,500 A14 miner delivery.  Link: https://www.prnewswire.com/news-releases/canaan-inc-supplies-avalon-asic-kits-for-bitfurys-north-american-infrastructure-upgrade-302540909.html

American Bitcoin boosts mining ops 2.4x: from 10 EH/s to 24 EH/s! 🚀 https://www.prnewswire.com/news-releases/american-bitcoin-expands-bitcoin-mining-operations-by-2-4x-from-10-ehs-to-24-ehs-302546111.html