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Bitcoin mining companies may merge and plan to go public on Nasdaq.
According to reports, a Bitcoin mining company is about to complete a secret merger with Gryphon Digital Mining and will be listed on Nasdaq.
On July 31, Gryphon submitted a proxy statement related to the merger to the U.S. Securities and Exchange Commission (SEC), officially scheduling the shareholder vote for August 27. At the same time, the SEC has announced the effectiveness of the S-4 registration statement for the transaction, marking that regulatory approval is in place, paving the way for the merger.