Gryphon Digital Mining Inc. has announced an update regarding its merger agreement with American Bitcoin Corp. $(ABTC.UK)$. The revised proposal involves a merger of Gryphon with ABTC, aiming to enhance their combined resources and market presence in the digital mining sector. The Gryphon Board has recommended that Gryphon stockholders vote in favor of the proposals outlined in the merger agreement. This strategic move is anticipated to leverage synergies between the two companies, strengthening their position in the rapidly evolving cryptocurrency industry.
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