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Gryphon Digital Soars 62.04% on Merger News
Generated by AI AgentAinvest Pre-Market Radar
Wednesday, Jul 2, 2025 5:03 am ET1min read
Gryphon Digital's stock price surged by 62.04% in pre-market trading on July 2, 2025, marking a significant rise that has caught the attention of investors and analysts alike.
The surge in Gryphon Digital's stock price can be attributed to the company's recent filing of an amended registration statement, which has sparked optimism among investors. This development comes as the company advances its merger with American
, a move that has garnered support from prominent figures such as Eric Trump.The merger with American Bitcoin is seen as a strategic move that could enhance Gryphon Digital's position in the cryptocurrency mining sector. The company's shares soared in after-hours trading, reflecting the market's positive response to the news. This development has positioned
as a key player in the rapidly evolving digital currency landscape.
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