American Bitcoin, a subsidiary of Hut 8 with ties to Eric Trump, plans to merge with Gryphon Digital Mining. The 100% stock-for-stock merger is expected to close in Q3, with American Bitcoin stockholders owning around 98% of the new company.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.