GRYP Stock: New Bitcoin Mining Company Backed by Trump Brothers

Tarik PierceByTarik Pierce

GRYP stock is already up 300% on Monday morning after American Bitcoin announced a merger with Gryphon Digital Mining (GRYP) to take the company public.

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American Bitcoin is backed by two of Donald Trump's son, Eric Trump and Donald Trump Jr. The company will partner with Hut8 mining to provide BTC mining equipment while the Trump Brothers and Hut8 retain 98% of the common stock.

I don't have any details on the financials and this could be another pump and dump from the Trump family.

I picked up a few hundred shares at $2.20 after watching the volume skyrocket just minutes after market open.

More details on GRYP stock coming soon!

Tarik Pierce

Tarik is an online digital nomad who has earned a living online since 2006. He studied Economics at Dartmouth College and Psychology at Northwestern University.

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