Name

Gryphon Digital Mining

Legal name

Gryphon Digital Mining, Inc.

Website

https://gryphondigitalmining.com

Company type

Public

Founded year

2010

Operating status

Acquired

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Bitcoin Mining

akta.pro primary industry

Proof-of-Work (PoW) Mining Operations (FSADAOAA)

Keywords

• Bitcoin mining
• Cryptocurrency mining
• ASIC mining operations
• Bitcoin treasury management
• Renewable energy mining

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Supply Chain

Revenue model

1. Bitcoin Mining: The company operates Bitcoin mining operations producing BTC as primary output. Miners generate Bitcoin through computational work, which is either sold for operational expenses or retained as part of the company's Bitcoin treasury strategy. Revenue is generated when mined Bitcoin is sold; however, the company follows a strategy of accumulating BTC rather than immediately selling all production.
2. Bitcoin Treasury Accumulation: The company purchases Bitcoin on the open market as part of its strategic treasury reserve. This includes both mined Bitcoin and market purchases to build shareholder value through Bitcoin-per-share growth. The strategy mirrors growing corporate treasury trends of retaining Bitcoin rather than liquidating immediately.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Gryphon Digital Mining operated industrial-scale Bitcoin mining powered by renewable energy sources (solar, wind, hydroelectric), aiming for zero carbon footprint. The company deployed ASIC mining hardware in purpose-built data centers to produce Bitcoin at below-market cost, while simultaneously building a strategic Bitcoin treasury reserve to compound Bitcoin-per-share value for public-market shareholders. Following its September 2025 merger with American Bitcoin Corp, the combined entity now operates a three-layer strategy: low-cost Bitcoin mining at scale, capital-markets-driven Bitcoin accumulation, and ecosystem development for broader Bitcoin access.

Product overview

American Bitcoin Corp (ABTC) is a unified Bitcoin infrastructure platform formed through the merger of Gryphon Digital Mining with American Bitcoin Corp and Hut 8. The company operates a three-layer strategy: Layer 1 is the Bitcoin mining platform leveraging next-generation ASIC infrastructure for low-cost Bitcoin production; Layer 2 is the Bitcoin treasury strategy using capital-markets access for disciplined Bitcoin accumulation; Layer 3 is the ecosystem layer focused on innovation, advocacy, and expanding Bitcoin access. Post-merger, the combined entity trades on Nasdaq under ticker ABTC with the Trump family and Hut 8 controlling approximately 98% ownership.

Differentiator

Problem solved

Functional benefit

Products and services

• Bitcoin Mining Operations Industrial-scale Bitcoin mining platform engineered for rapid, cost-efficient Bitcoin production at below-market cost, leveraging next-generation ASIC infrastructure and purpose-built data centers. Producing Bitcoin through computational work, generating record 817 BTC in Q1 2026 at $36,200 per BTC.
• Bitcoin Treasury Management Strategic Bitcoin treasury accumulation program that builds Bitcoin-per-share growth through both mined Bitcoin and disciplined market purchases. Holds 7,000+ BTC worth approximately $471 million as of Q1 2026, leveraging public-market capital access for sophisticated deployment strategies beyond operational mining output.

Quantifiable outcome

• 23% improvement in mining costs to $36,200 per Bitcoin in Q1 2026
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Hut 8 CorpcoreStrategic or Co-development Partner · 3 September 2025Hut 8 Corp serves as the exclusive infrastructure partner providing turnkey digital infrastructure platform, next-generation ASIC technology, and shared services. Hut 8 and the Trump family jointly control approximately 98% of American Bitcoin Corp post-merger. Hut 8 is the majority stakeholder and infrastructure backbone enabling American Bitcoin's asset-light growth model.
• BitmaincoreTechnology or IntegrationAmerican Bitcoin exercised a $314 million option with Bitmain for 16,299 mining rigs, structured to avoid U.S. import tariffs. This partnership provides next-generation ASIC mining hardware for fleet expansion.
• American Data CenterscoreStrategic or Co-development PartnerAmerican Data Centers is the Trump-affiliated entity that co-founded American Bitcoin alongside Hut 8, contributing to the company's formation and strategic direction.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Marathon Digital Holdings: One of the largest publicly traded U.S. Bitcoin miners, operating industrial-scale ASIC fleets and a corporate Bitcoin treasury strategy. Directly comparable to American Bitcoin in mining model, public-market structure, and BTC-per-share growth thesis.
• Riot Platforms: U.S.-listed Bitcoin miner with large-scale ASIC operations and a growing HPC/AI hosting optionality. Highly comparable on size, public-market exposure, and vertically integrated infrastructure approach.
• CleanSpark: Public U.S. Bitcoin miner focused on efficient, low-cost operations and rapid exahash expansion. Comparable in growth-oriented mining strategy and capital-markets driven scaling.
• Core Scientific: Public Bitcoin miner that emerged from restructuring with large hashrate capacity and infrastructure footprint. Comparable as a public-market Bitcoin miner with infrastructure-heavy operations.
• Cipher Mining: U.S.-listed Bitcoin miner with purpose-built data centers and a focus on industrial-scale operations. Comparable on purpose-built infrastructure strategy and U.S. public-market positioning.
• Iris Energy: Public Bitcoin miner powered primarily by renewable energy. Closely comparable to American Bitcoin's renewable-energy, low-cost-power narrative and ESG positioning.
• Bitfarms: Public Bitcoin miner operating across multiple sites in the Americas with North American operations similar in geography to American Bitcoin's Canadian footprint.
• Hive Digital: Public Bitcoin miner with renewable-powered operations and a treasury accumulation strategy. Comparable on green-energy focus and BTC-holding approach.
• Hut 8 Corp: Exclusive infrastructure partner and majority owner of American Bitcoin. Operates its own Bitcoin mining plus digital infrastructure business; directly comparable in mining operations, infrastructure model, and counterparty exposure.

Broad incumbents

• Strategy (formerly MicroStrategy): Public company whose primary strategy is large-scale Bitcoin accumulation funded by capital markets. American Bitcoin explicitly mirrors the Strategy playbook as its 'Layer 2' treasury strategy, making it the closest non-mining strategic comparable.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/gryphonmining
• Facebookfacebook.com/GryphonMining

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds10 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gryphon Digital Mining