Company: ABTC
Filing Date: 2025-08-08
Form Type: 425
Source: 0001558370-25-010929
Chunk: 0

Company: American Bitcoin Corp.
Filing Date: 2025-08-08
Form: 425
Chunk 0
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Filed by Hut 8 Corp.

Pursuant to Rule 425 under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-6(b)

under the Securities Exchange Act of 1934

Subject Company: Gryphon Digital Mining, Inc.

Commission File No.: 333-287865

Date: August 8, 2025

The following are excerpts from the transcipt of the Q2 2025 Earnings Call for Hut 8 Corp. (“Hut 8”) held on August 7, 2025. The excerpts contain only those portions of the transcript relating to discussions of the proposed transaction between American Bitcoin Corp. (“American Bitcoin”) and Gryphon Digital Mining, Inc. (“Gryphon”).

Asher Genoot, Chief Executive Officer of Hut 8

[…] Today, we continue to execute on the go-public transaction through which American Bitcoin will become Nasdaq-listed via a stock-for-stock merger transaction with Gryphon Digital. We reached a major milestone last week as the Form S-4 for the transaction was declared effective by the SEC, and we remain on track to complete the listing in the coming weeks, subject to customary approvals and closing conditions. We’re excited by what this business represents for our shareholders, and what it is positioned to become. […]

Sean Glennan, Chief Financial Officer of Hut 8

[…] Upon American Bitcoin’s public listing, its market valuation will serve as a benchmark for assessing the value of our interest in the company. […]

Asher Genoot, Chief Executive Officer of Hut 8

[…] We're extremely proud of the team, the speed in which we've been able to become effective on our S-4 with the SEC and the path towards going public with the Gryphon shareholder vote happening this month. […]

Cautionary Note Regarding Forward–Looking Information

These communications include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements, include, but are not limited to, statements relating to the structure, timing, and completion of the previously announced stock-for-stock merger transaction between American Bitcoin and Gryphon (