---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-002372"
form_type: "8-K"
ticker: "ABTC"
cik: "0001755953"
company_name: "American Bitcoin Corp."
filed_at: "2025-01-10T23:59:59+00:00"
generated_at: "2026-05-28T05:22:28.999243+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Gryphon signs definitive agreement to acquire Captus Energy site for CAD 27M; potential 4GW

## Summary
- Total consideration CAD $27M; includes CAD $3M in restricted shares for management vesting over 4 years.
- 850-acre industrial site in Southern Alberta; potential to scale to 4GW; ~130MW expected by end of 2026.
- Dual natural gas supply, on-site carbon sequestration, grid connection, and high-speed fiber available.
- At $1.5M revenue per MW, site could generate over $5B in annual revenue; closing expected by April 2025.
- Restricted stock awards granted to Harry Andersen (1.97M shares), Paul Connolly, Mark Taylor, Steve Giacomin.

## SEC filing metadata
- accession: 0001213900-25-002372
- form_type: 8-K
- ticker: ABTC
- cik: 0001755953
- company_name: American Bitcoin Corp.
- filed_at: 2025-01-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755953/000121390025002372/0001213900-25-002372-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755953/000121390025002372/ea0226919-8k_gryphon.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-002372
- JSON: https://secwatch.observer/filing/0001213900-25-002372.json
- Plain text: https://secwatch.observer/filing/0001213900-25-002372.txt

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