Highest-materiality recent filing
American Bitcoin Corp. effects 1-for-15 reverse stock split to maintain Nasdaq listing
Reverse stock split at 1-for-15 effective July 2, 2026; trading on split-adjusted basis begins July 6 under same symbol ABTC.
American Bitcoin shareholders approve reverse stock split; board sets ratio at 1-for-15
Stockholders approved charter amendment for reverse stock split in range of 1-for-5 to 1-for-40.
American Bitcoin Q1: Bitcoin reserve grows 30% to 7,021; mining gross margin 52%
Mined 817 Bitcoin in Q1, highest quarterly production; cost to mine fell 23% to ~$36,200 per Bitcoin.
Mined 783 Bitcoin in Q4 2025, contributing to year-end holdings of 5,401 Bitcoin (now over 6,000).
American Bitcoin Q3 revenue $64.2M, net income $3.5M, Bitcoin reserve grows to 3,418
Revenue $64.2M, up from $11.6M YoY; net income $3.5M vs loss $0.6M.
American Bitcoin Q3 2025 revenue $64.2M, gross margin 56%, Bitcoin holdings reach 3,960
Q3 2025 revenue $64.2M, cost of revenue $28.3M, gross margin 56%; nine-month revenue $106.8M, gross margin 48%.
American Bitcoin dismisses RBSM, appoints KPMG as auditor effective Sept 19, 2025
RBSM dismissed as independent auditor; no disagreements but prior reports contained going-concern qualification.
On Sept 3, 2025, Gryphon merged with Historical ABTC; combined company renamed American Bitcoin Corp. and trades as ABTC.
American Bitcoin Corp. enters $2.1B at-the-market equity offering program with 15 agents
Company entered an ATM Sales Agreement allowing sale of up to $2.1 billion in Class A common stock.
Gryphon files ABTC H1 2025 financials; ABTC net loss $97.2M, cash $205.9M
ABTC Q2 2025 revenue $30.3M, net income $3.4M; H1 2025 revenue $42.6M, net loss $97.2M from continuing ops.
Gryphon Digital Mining stockholders approve merger with American Bitcoin Corp.
Stockholders approved stock-for-stock merger with American Bitcoin at special meeting on August 27, 2025.
Gryphon files Amendment No.1 to 8-K to add previously omitted exhibits for ABTC merger
Filing adds Exhibit 23.1 (consent of ABTC's independent accountants) and Exhibit 99.1 (information on ABTC, risks, financials).
Director Dan Tolhurst resigns from Gryphon Digital Mining board effective June 12
Dan Tolhurst resigned as director effective June 12, 2025.
Gryphon regains Nasdaq compliance with minimum bid price and market value rules
Received Nasdaq notification on June 6, 2025.
Gryphon assigns Captus acquisition agreement to third party; revokes 3.9M inducement shares
Gryphon assigned all rights and obligations under the Captus Agreement to 2703444 Alberta Ltd., effective May 29, 2025.
Gryphon stockholders approve reverse split and share increase; declassification fails
Authorized shares increased from 150M to 500M; approved with 38.1M votes for, 4.1M against.
Gryphon to merge with American Bitcoin Corp; ABTC holders get 98% of combined entity
ABTC stockholders to receive ~98% of combined company; Gryphon holders receive ~2% in reverse merger.
Gryphon Digital Mining gets Nasdaq extension to Sep 2, 2025, to regain compliance
Nasdaq Hearing Panel grants extension until September 2, 2025, to meet Minimum Bid Price and MVLS rules.
Company and Blockfusion agreed to suspend mining operations and curtail service on April 15, 2025.
Gryphon Digital Mining reports Q4 net income of $0.4M; debt reduced 70%+
Q4 2024 net income of $0.4M vs $11.0M net loss in FY2023; includes $2.4M non-cash expenses.
Gryphon Digital receives Nasdaq delisting notice for MVLS noncompliance; hearing April 15
Nasdaq Staff notified Gryphon on March 13, 2025 that it failed to regain compliance with the MVLS Rule (MVLS < $35M).
Gryphon Digital Mining settles all litigation with Sphere 3D on mutually acceptable terms
Parties entered into Settlement Agreement on March 7, 2025.
Gryphon Digital receives Nasdaq delisting notice; settles litigation with Sphere 3D with no payments
Received delisting determination on Mar 5, 2025 for failing to regain $1.00 minimum bid price by Mar 4, 2025.
Gryphon Digital Mining terminates asset purchase agreement with Erikson National Energy
Terminated CAD $2,000,000 purchase agreement for natural gas and oil wells in northeast British Columbia.
Gryphon Digital Mining scales back asset purchase to only Wildboy area assets, extends deadline
Amended existing deal for Erikson National Energy assets; purchase price unchanged at CAD $2M for reduced asset set.
Gryphon Digital Mining authorizes strategic Bitcoin reserve; restructures $18M debt
Authorized a strategic Bitcoin reserve program as part of comprehensive capital strategy.
Gryphon acquires 1,900 miners for $0.6M, fleet up 22%; evaluating Bitcoin reserve
Acquired 1,900 S19JPro machines from RepairBit LLC for ~$0.6M, a 20% discount to market per Hashrate Index.
Gryphon Digital Mining raises $2.85M in non-brokered stock offering with management participation
Total gross proceeds of ~$2.85 million from non-brokered common stock offering signed January 13, 2025.
Gryphon Digital Mining raises $2.85M in registered direct offering of common stock and warrants
Gross proceeds of approximately $2.85 million from sale of 6,941,856 shares and warrants to purchase 6,941,856 shares.
Gryphon signs definitive agreement to acquire Captus Energy site for CAD 27M; potential 4GW
Total consideration CAD $27M; includes CAD $3M in restricted shares for management vesting over 4 years.
Gryphon appoints Eric Gallie as SVP Energy; TreCom lawsuit dismissed
Eric Gallie appointed SVP, Energy, effective Dec 12, 2024; oversees energy initiatives for bitcoin mining and AI infrastructure.
Acquisition from Erikson National Energy Inc. for CAD $2M cash at closing plus other obligations.
Gryphon Digital Q3 revenue $3.7M, net loss $5.9M; breakeven cost per Bitcoin $59,213
Mining revenue $3.7M (Q3 2024) vs $5.2M (Q3 2023); 61 Bitcoin mined vs 176.
Gryphon restructures $18M debt, converts $13M to equity at $1.10/share; leadership changes
Converted ~$13M of 304 BTC debt (~$18M) into equity at $1.10/share (100% premium to market); remaining $5M restructured to 3-year term at 4.25% interest-only.
Gryphon notified Coinmint of non-renewal of their Colocation Mining Services Agreement dated July 1, 2021.
Debt reduced from ~$18M (304 BTC) to $5M; ~$13M converted into 8.3M shares and 3.5M pre-funded warrants at $1.10 per share.
Gryphon Digital Mining sued by former CEO Robby Chang for wrongful termination
Former CEO Robby Chang filed a wrongful termination complaint against Gryphon and its subsidiary Ivy Crypto in Ontario Superior Court on Oct 21, 2024.
Gryphon Digital Mining CFO Sim Salzman rescinds resignation, stays on with amended terms
CFO Sim Salzman withdrew his July 29 resignation and will remain in the role.
Robby Chang terminated as CEO and President for cause on Sept 17, 2024; remains on Board.
Gryphon Digital Mining receives Nasdaq non-compliance notice for MVLS below $35M
Nasdaq notified Gryphon on Sept 13, 2024 that MVLS fell below $35M minimum from July 31 to Sept 12, 2024.
Charter amendment to declassify board failed: 16.2M for, 5.6M against, 3.5M abstain.
Gryphon Digital Mining receives Nasdaq bid price deficiency notice; 180-day cure to March 4, 2025
Nasdaq notified Gryphon on Sept. 5, 2024 that bid price closed below $1.00 for 30 straight business days, violating Listing Rule 5550(a)(2).
Gryphon extends asset purchase closing to Sept 30, adds co-founder to board
Asset purchase closing extended from Aug 31 to Sep 30, 2024; additional $250,000 advance payment made.
Gryphon Digital Mining acquires 2.9 MW bitcoin mining ops for $1.5M with ~$0.01/kWh power
Purchase price $1.5M in cash; assets include 566 ASIC miners (57,120 TH/s), generators, and modular data centers.
Gryphon Digital Mining Q2 net loss $4.0M; revenue $5.5M, bitcoin mined 84
Mining revenue $5.5M vs $4.9M in Q2 2023; net loss $4.0M incl. $2.5M non-cash items.
CFO Simeon Salzman resigning effective Nov 15, 2024; company to search for successor
Salzman will stay through Nov 15, 2024, to assist transition; departure not related to financial statements or controls.
Sphere conceded in court on June 27, 2024 it will not seek liability against Gryphon for 26 BTC transferred due to impersonation of Sphere's CFO.
Record quarterly hashrate of 899 PH/s, up 20% YoY; record monthly energy efficiency of 28.5 J/T in June.
Gryphon Q1 revenue $7.5M, net loss $11.7M, adjusted EBITDA $1.9M
Revenue $7.5M (up 56% YoY from $4.8M); net loss $11.7M vs $6.9M loss in Q1 2023, including $11.6M non-cash items.
Gryphon Digital Mining updates investor presentation; no material new facts in exhibit text provided
Company posted an updated investor presentation on its website on May 14, 2024, furnished as Exhibit 99.1.
On June 10, 2025, Mr. Dan Tolhurst resigned, effective as of June 12, 2025, as a director of Gryphon Digital Mining, Inc. (the “ Company ”).
appointed Mr. Dan Grigorin, age 33, to fill the new Board seat as a Class III director (with a term expiring at the Company’s 2027 annual meeting of stockholders), effective immediately.
On September 17, 2024, Robby Chang was terminated as Chief Executive Officer and President for cause, with immediate effect, by the board of directors (the “ Board ”) of Gryphon Digital Mining, Inc. (the “ Company ”).
On September 17, 2024, the Board appointed Steve Gutterman as Chief Executive Officer of the Company.
appointed Mr. Daniel Tolhurst, age 43, to fill the new Board seat as a Class I director (with a term expiring at the Company’s 2025 annual meeting of stockholders), effective immediately.
On July 29, 2024, Mr. Simeon Salzman, the Chief Financial Officer of Gryphon Digital Mining, Inc., a Delaware corporation (the “Company”), informed the Company of his decision to voluntarily resign from his position to pursue other professional opportunities (the “Resignation”).
As of the Effective Date, the following individuals became the executive officers of the Company: Robby Chang, Chief Executive Officer, and Simeon Salzman, Chief Financial Officer and Corporate Secretary.
As of the Effective Date, the following individuals became the executive officers of the Company: Robby Chang, Chief Executive Officer, and Simeon Salzman, Chief Financial Officer and Corporate Secretary.
On November 15, 2023, Mr. Barry Fishman resigned as a director of the Company.
On July 25, 2022, the Company appointed Mr. Larry Dean Ditto, Jr. as the Company’s Chief Financial Officer.
On May 11, 2022, Akerna Corp. (the “Company”) and John Fowle the Company’s Chief Financial Officer and Secretary agreed to a mutual separation effective as of May 17, 2022.
On May 11, 2022, the Board of Directors of the Company appointed Larry Dean Ditto, Jr. as Interim Chief Financial Officer (“Interim CFO”) of the Company effective May 17, 2022.
Max materiality 1.00 · Median 0.65 · Most common event other_material