Gryphon Digital Mining, Inc. announced on January 14, 2025, the completion of a non-brokered offering of its common stock, generating total gross proceeds of approximately $2.85 million. The offering was signed on January 13, 2025.
A notable aspect of this financing event is the 100% participation from the company's management team and a majority of its board members. This level of internal investment demonstrates strong confidence in Gryphon's strategic direction and future prospects.
The capital raised is intended to support Gryphon's ongoing initiatives in Bitcoin mining and its expanding ventures in the AI and high-performance computing space. This offering provides additional financial flexibility for the company's strategic growth plans.
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