American Bitcoin Enters Definitive Stock-for-Stock Merger with Gryphon Digital Mining

BitGo Acquires NYDIG Institutional Trading Business

August 27, 2026

Financial Services

BitGo Holdings entered into a definitive agreement and completed the acquisition of NYDIG’s institutional trading business and related assets. The deal expands BitGo’s institutional markets platform by adding derivatives, structured products, financing, and capital markets capabilities while enabling NYDIG to focus on its vertically integrated power generation and bitcoin mining/HPC data center development business.

Sphere 3D Corp to Acquire Cathedra Bitcoin Inc in All-Stock Merger

March 13, 2026

Infrastructure

Sphere 3D Corp entered into a definitive agreement to acquire Cathedra Bitcoin Inc in an all-stock transaction, with Cathedra becoming a wholly owned subsidiary of Sphere upon closing. The combined company will retain Sphere’s name and NASDAQ listing under ticker “ANY,” and is expected to initially operate 53 MW of managed power capacity and 1.2 EH/s of installed proprietary mining hash rate across data centers in Iowa, Kentucky, and Tennessee.

BitBridge Capital Strategies Merges with Green Mountain Merger Inc. to Become Public

August 5, 2025

Financial Services

BitBridge Capital Strategies completed a merger with Green Mountain Merger Inc., enabling BitBridge to begin trading on the OTC market under the ticker BTTL and pursue an eventual NASDAQ uplisting. The transaction positions BitBridge as a pure-play Bitcoin treasury company focused on accumulating Bitcoin reserves and launching consumer-facing Bitcoin lending products.

NYDIG to Acquire Crusoe’s Bitcoin Mining Operations

March 25, 2025

Energy

NYDIG entered into a definitive agreement to acquire Crusoe’s Bitcoin mining operations, including over 270MW of power generation technology tied to Crusoe’s Digital Flare Mitigation (DFM) approach. NYDIG plans to integrate and expand the mining team and operate the acquired business inside its existing Power & Bitcoin Mining division, subject to regulatory approvals and customary consents.

American Express Global Business Travel (GBT) to Go Public via Business Combination with Apollo Strategic Growth Capital

December 3, 2021

IT Services

American Express Global Business Travel (GBT) entered into a definitive business combination agreement with special purpose acquisition company Apollo Strategic Growth Capital (APSG) to create a large publicly traded B2B travel platform. The transaction is expected to provide up to $1.2 billion of gross proceeds (including an upsized $335 million PIPE) and is anticipated to close in the first half of 2022, subject to customary conditions.

Graph Blockchain Acquires Babbage Mining Corp.

January 26, 2021

IT Services

Graph Blockchain Inc. entered into a definitive share exchange agreement to acquire all issued and outstanding securities of Babbage Mining Corp. for an aggregate deemed purchase price of $4.8 million, satisfied by issuing 60 million units of Graph. The acquisition is expected to close on or before February 1, 2021 and is subject to customary closing conditions; Graph also announced a concurrent non-brokered private placement to raise up to $2.0 million.