Eric Trump-backed bitcoin miner American Bitcoin announced that it would become a publicly-traded company through a merger with another Bitcoin miner, Gryphon Digital Mining (GRYP). Shares of Gryphon skyrocketed 285% to $2.00 on the news.
Gryphon Digital Mining, Inc. (NASDAQ:GRYP ) Q4 2024 Earnings Conference Call March 31, 2025 4:30 PM ET Company Participants Steve Gutterman - Chief Executive Officer Sim Salzman - Chief Financial Officer Conference Call Participants Kevin Dede - H.C. Wainwright Jon Hickman - Ladenburg Thalmann Operator Greetings and welcome to the Gryphon Digital Mining Fourth Quarter and Full Year 2024 Earnings Call.
LAS VEGAS, NV / ACCESSWIRE / January 14, 2025 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, today announced that it has signed a non-brokered offering of its common stock for total gross proceeds of approximately $2.85 million on January 13, 2025. The offering saw 100% participation from the management team and a majority of the board members, demonstrating strong internal confidence in the Company's strategic direction.
| Capital Markets Industry | Financials Sector | Steven D. Gutterman CEO | NASDAQ (CM) Exchange | 02462A104 CUSIP |
| US Country | 3 Employees | - Last Dividend | 3 Sep 2025 Last Split | - IPO Date |
Gryphon Digital Mining, Inc. is a pioneering firm in the cryptocurrency domain, with a specific focus on bitcoin mining. Established in 2020, this American company has positioned itself within the competitive landscape of digital currency mining by emphasizing operations that are friendly toward the environment, sustainability, and governance (ESG) principles. Based in Las Vegas, Nevada, Gryphon Digital Mining strives to redefine the standards of bitcoin mining through technological advancements and a commitment to green initiatives. By leveraging renewable energy sources and employing advanced mining technologies, the company aims to ensure high-efficiency and low-cost bitcoin mining operations.
Gryphon Digital Mining specializes in bitcoin mining, the process of validating transactions and securing the Bitcoin network. Utilizing powerful and energy-efficient mining computers, the company contributes to the generation of new bitcoins while ensuring the integrity and chronological order of the blockchain.
Understanding the importance of environmental, social, and governance (ESG) principles, Gryphon Digital Mining integrates these considerations into its mining operations. The company focuses on utilizing renewable energy sources and innovative technologies to minimize carbon footprint and promote sustainability within the cryptocurrency mining industry. This approach allows Gryphon Digital Mining to distinguish itself by prioritizing ethics and responsibility alongside profitability.