According to Mars Finance, on August 1, The Miner Mag reported that the Bitcoin mining company American Bitcoin Corp (ABC), supported by the Trump family, is about to complete a secret merger with Gryphon Digital Mining and go public on NASDAQ. On July 31, Gryphon submitted a proxy statement related to the merger to the U.S. Securities and Exchange Commission (SEC), officially scheduling the shareholder vote for August 27. Meanwhile, the SEC has announced the effectiveness of the S-4 registration statement for the transaction, marking that regulatory approval is in place and paving the way for the merger deal.