According to Crypto Rover, Trump-backed American Bitcoin has officially gone public through a merger with Gryphon, marking a significant development for crypto-related equities and the broader Bitcoin ecosystem (source: Crypto Rover, May 12, 2025). This public listing is expected to boost investor confidence in U.S.-based Bitcoin operations, potentially increasing liquidity and attracting institutional interest in crypto mining stocks. Traders should watch for volatility in related equities and monitor sector ETFs for increased volume as traditional finance gains new exposure to Bitcoin through this high-profile merger.