Investor warrants from Gryphon Digital Mining's January 2025 registered direct offering, assumed by American Bitcoin Corp. in the September 2025 Mergers. The September 2025 1-for-5 reverse split adjusted the number of shares issuable but not the $1.50 per-share exercise price; the stored exercise price is the pre-split equivalent so the rendered value stays $1.50.
Terms & Documentation
Terms
BTC strategy
No
Use of proceeds
General corporate purposes, including funding of new Bitcoin mining locations, mining equipment, AI and high-performance computing infrastructure, Bitcoin mining projects, common-stock repurchases and working capital.