Rumors swirl around an American Bitcoin–Gryphon Digital Mining reverse merger — but no proof has surfaced.
According to Chinese outlet ChainCatcher, American Bitcoin wants to hit NASDAQ by merging with Gryphon Digital Mining. The supposed goal? Build a major BTC reserve platform with political-brand star power.
The problem:
Without documents or public endorsements, the industry is treating this as gossip, not gospel.
BTC barely flinched:
Analysts point to the Core Scientific SPAC in 2021 as the gold standard — fully documented, regulator-backed, and market-moving. This? Not so much.
Crypto history is littered with big-name rumor plays that never closed. Without filings or verifiable partners, even the Trump brand won’t spark a sustained move.
Until hard evidence drops — think SEC paperwork, merger agreements, or official press releases — this sits firmly in the speculative bin. Investors should treat it like any other unverified rumor: interesting to track, dangerous to trade on.
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