Gryphon Digital Mining, Inc. announced on March 11, 2025, that it has entered into a settlement and release agreement with Sphere 3D Corp. The agreement resolves all pending litigation between the two entities on mutually acceptable terms.
A key aspect of the settlement is that no payments were made under the agreement. This outcome provides a full release of Gryphon from any known or unknown and unsuspected claims related to the dispute.
The conclusion of this legal dispute removes a source of uncertainty and potential financial liability for Gryphon Digital Mining. This allows the company to focus its resources and attention on its core business and strategic initiatives in Bitcoin mining and AI.
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