The deep research logic is organized as follows:
Okay, let's tackle why GRYP surged. First, I need to look at the data provided. The user is asking about the surge in GRYP's stock price on July 1, 2025. Let me check the references.
From Reference 1, GRYP had a pre-market percentage change of 1.89% and a post-market change of 60.9%. That's a huge jump in post-market trading. The last price was $0.9 with a 2.26% change. Reference 2 shows the percentage changes over the past two weeks, ending with a 2.26% change on July 1. But the post-market surge isn't directly mentioned there.
Looking at the background, there's a lot about mergers. References 3, 5, 6, 7, 14, 16, 18, 19, 20, 23, 24, 26, 28, 29, 30, 31, 32 all mention the merger between American Bitcoin and Gryphon Digital Mining. The key points are that they filed an amended S-4 on July 1, aiming for a stock-for-stock merger. The combined entity will trade under ABTC on Nasdaq. American Bitcoin is backed by the Trump family, which might attract retail investors. Also, American Bitcoin raised $220M to expand mining and Bitcoin holdings.
The user profile mentions interest in tech, meme stocks, and stocks under $10. GRYP is at $0.9, fitting the criteria. The merger news could be a catalyst for a short-term surge, especially with the Trump angle. The post-market surge of 60.9% suggests high retail activity or news impact after market hours.
Also, Reference 4 shows GRYP's YTD return is 124.74%, which is impressive. The merger might have been the trigger, but the stock was already on a strong upward trend. The user's focus on technical analysis and news-driven strategies aligns with this situation. The surge could be due to the merger news, retail buying, and possibly short squeezes given the stock's low price.
I need to structure the answer with a conclusion first, then detailed analysis. Use tables for clarity. Also, include the visualization for the pre-market and post-market changes as per the user's instructions. Make sure to cite the references correctly and keep the language engaging with emojis.
🚀 Conclusion
Gryphon Digital Mining (GRYP) surged on July 1, 2025, driven by a combination of merger news, Trump family involvement, and retail investor speculation. The stock saw a 60.9% post-market spike following the filing of an amended S-4 for its merger with American Bitcoin, a Trump-backed Bitcoin mining firm. This strategic move aligns with the user’s interest in low-priced tech stocks and news-driven volatility.
📊 Analysis
GRYP announced a stock-for-stock merger with American Bitcoin, a subsidiary of Hut 8 Mining (HUT), to form a Bitcoin mining powerhouse. The combined entity will trade under the ticker "ABTC" on Nasdaq by Q3 2025 12. This merger:
- Attracts retail interest: Trump family ties (Eric Trump and Donald Trump Jr.) and Bitcoin’s bullish narrative.
- Strategic pivot: GRYP plans to shift from Bitcoin mining to high-performance computing (HPC) 24.
| Metric |
GRYP (Pre-Merger) |
American Bitcoin (Post-Merger) |
| Market Cap |
$66M 2 |
$220M raised 56 |
| Revenue (LTM) |
$14.6M 2 |
$215M Bitcoin holdings 5 |
| Gross Profit Margin |
11% 2 |
80% Hut 8 ownership 6 |
2. Market Reaction
- Pre-Market: GRYP rose 1.89% on July 1 7.
- Post-Market: Surged 60.9% 7, driven by retail buying and merger optimism.
- Volume: 35.59M shares traded 8, reflecting high liquidity.
| Date |
Price Change |
Catalyst |
| 2025-07-01 |
+2.26% |
Merger filing & Trump narrative |
| 2025-06-18 |
-7.55% |
Bitcoin volatility 9 |
3. Risks & Outlook
- Regulatory hurdles: SEC approval for the merger is pending 410.
- Competition: Bitcoin mining faces energy costs and regulatory scrutiny 4.
- Valuation: GRYP is overvalued with a 120% YTD return 2.
📊 Why This Matters for You
- Tech & Meme Angle: GRYP fits your interest in low-priced stocks ($0.9) and news-driven volatility.
- Entry Strategy: Consider support at $0.8 (20-day low) and resistance at $1.2 (52-week high).
- Risks: High volatility and regulatory delays could trigger pullbacks.
7/2/2025 00:31am
