American Bitcoin (ABTC), Formerly Gryphon Digital Mining (GRYP): What the Stock Crash, Lock‑Up Expiry and Q3 Earnings Mean as of December 6, 2025
American Bitcoin Corp (ABTC), formerly Gryphon Digital Mining (GRYP), changed its name and ticker after a 1-for-5 reverse split on September 3, 2025. ABTC shares have dropped 85% from a 52-week high, losing $1 billion in market cap after a December sell-off triggered by a lock-up expiry. The company reported Q3 2025 revenue of $64.2 million and net income of $3.5 million. ABTC holds about 4,090 BTC in its treasury.