Crypto
American Bitcoin, Backed by Trump Family, Set to Go Public Through Gryphon Digital Merger
Shares of Gryphon and Hut 8 experience significant pre-market gains as American Bitcoin prepares for its public listing.
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Shares of Gryphon and Hut 8 experience significant pre-market gains as American Bitcoin prepares for its public listing.
The bitcoin mining company reported substantial net income for 2024, leveraging the rising value of bitcoin and strategic expansions in AI infrastructure.
Hut 8 has bolstered its Bitcoin reserves by purchasing 990 BTC for a total of $100 million, enhancing its total holdings to about $1 billion.
Hut 8's stock saw a significant increase in pre-market trading amid rumors of a collaboration with Meta for a data center project.
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