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Gryphon Digital Mining Announces Non-Brokered $2.85 Million Offering With 100% Management and Majority Board Participation

1. Gryphon Digital Mining secured $2.85 million from a non-brokered stock offering. 2. Management and board members showed strong confidence by fully participating.

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FAQ

Why Bullish?

Internal confidence typically suggests stability and potential future gains, as seen in other companies following similar actions.

How important is it?

The capital raise and management confidence are significant for GRYP's market positioning and growth potential.

Why Short Term?

Immediate capital raised can enhance operational capacity quickly, influencing stock performance in the near term.

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BTCAI
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.

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