Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 456

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 456
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 with the unrealized gain or (loss) as a component of other income (expense).

The table below summarizes the movement in this account as of:

|                                  |     |   | March 31, 
      2025 |   |     |   | December 31, 
         2024 |   |
|:---------------------------------|:----|:--|----------:|:--|:----|:--|-------------:|:--|
| Fair value – beginning of period |     | $ |   115,000 |   |     | $ |      403,000 |   |
| Change in fair value             |     |   |   (66,000 | ) |     |   |     (288,000 | ) |
| Balance – end of period          |     | $ |    49,000 |   |     | $ |      115,000 |   |

NOTE 4 — DEPOSITS

The deposits are summarized as of:

|                                       |     |   |  March 31, 
       2025 |   |     |   | December 31, 
         2024 |   |
|:--------------------------------------|:----|:--|-----------:|:--|:----|:--|-------------:|:--|
| Balance – beginning of period         |     | $ |  2,263,000 |   |     | $ |      420,000 |   |
| Cash deposit                          |     |   |  1,222,000 |   |     |   |    2,207,000 |   |
| Merger and acquisition costs expensed |     |   | (1,033,000 | ) |     |   |            — |   |
| Amounts applied to accounts payable   |     |   |   (186,000 | ) |     |   |     (364,000 | ) |
| Balance – end of period               |     | $ |  2,266,000 |   |     | $ |    2,263,000 |   |

F-18 Gryphon Digital Mining, Inc.
Notes to the Unaudited Condensed Consolidated Financial Statements
For the Three Months Ended March 31, 2025 NOTE 4 — DEPOSITS (cont.) The Company contracts with other service providers for the hosting of its equipment and operational support in data centers where the Company’s equipment is deployed. These arrangements also typically