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Gryphon Digital Concludes Legal Dispute with Sphere 3D Corp.

1. Gryphon settles litigation with Sphere 3D, resolving all claims. 2. Settlement agreement incurs no costs for Gryphon, reducing legal uncertainties.

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FAQ

Why Bullish?

The settlement eliminates legal risks, potentially enhancing investor confidence. Historical settlements have led to price increases for similar firms.

How important is it?

The resolution of litigation is significant for Gryphon, indicating stability and lowering risks.

Why Short Term?

Immediate investor reactions usually occur following litigation resolutions, but long-term effects depend on operational performance.

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SPIRIOTMARA
LAS VEGAS, NV / ACCESS Newswire / March 11, 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, entered into a settlement and release agreement (the "Settlement Agreement") with Sphere 3D Corp. ("Sphere") on mutually acceptable terms. No payments were made under the Settlement Agreement, which fully resolves all pending litigation between Gryphon and Sphere, and provides for a full release of Gryphon from any known or unknown and unsuspected claims.

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