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0 sats \ 0 replies \ @coinhome 14 May \ on: Trump-Backed American Bitcoin to Go Public Via Merger with Gryphon bitcoin
Interesting strategy by American Bitcoin to go for a reverse merger instead of an IPO. This could be a big boost for their growth, but it also leaves many questions about Gryphon's role. Will their participation as just a facilitator for the public listing be enough? The mining industry is facing significant challenges, so it'll be fascinating to see how this unfolds.