---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-059931"
form_type: "8-K"
ticker: "ABTC"
cik: "0001755953"
company_name: "American Bitcoin Corp."
filed_at: "2024-07-09T23:59:59+00:00"
generated_at: "2026-05-31T22:38:05.244835+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Gryphon Digital Mining reports record Q2 hashrate of 899 PH/s (20% YoY); produced ~84 bitcoin valued at ~$5.5M

## Summary
- Record quarterly hashrate of 899 PH/s, up 20% YoY; record monthly energy efficiency of 28.5 J/T in June.
- Produced ~84 bitcoin in Q2; projected value ~$5.5M based on average bitcoin price of $65,916.
- June bitcoin efficiency of 25 BTC/EH; 99.4% fleet uptime; operations 100% powered by zero-carbon hydro.
- Included in Russell Microcap Index effective July 1, 2024; held ~16 bitcoin in treasury at June end.
- Evaluating over 20 growth opportunities; considering High Performance Computing (HPC) in expansion plans.

## SEC filing metadata
- accession: 0001213900-24-059931
- form_type: 8-K
- ticker: ABTC
- cik: 0001755953
- company_name: American Bitcoin Corp.
- filed_at: 2024-07-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755953/000121390024059931/0001213900-24-059931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755953/000121390024059931/ea0209095-8k_gryphon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-059931
- JSON: https://secwatch.observer/filing/0001213900-24-059931.json
- Plain text: https://secwatch.observer/filing/0001213900-24-059931.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.