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Gryphon Digital Mining Announces Strategic Bitcoin Reserve Initiative

1. Gryphon establishes Bitcoin reserve program to enhance capital strategy and balance sheet. 2. Company's debt restructuring reduces liabilities and strengthens shareholder structure.

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FAQ

Why Bullish?

The establishment of a Bitcoin reserve program indicates financial strength and forward-looking strategy. Past examples show that companies bolstering their asset base can lead to improved stock performance.

How important is it?

The article outlines key steps in Gryphon's financial strategy, likely to impact future growth.

Why Long Term?

The strategic reserve program is designed for sustained benefit, potentially increasing GRYP’s value over time. Similar initiatives in other firms have yielded positive long-term outcomes.

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LAS VEGAS, NEVADA / ACCESS Newswire / January 31, 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 the Company has authorized the establishment of a strategic Bitcoin reserve program as part of its comprehensive capital strategy. The initiative follows Gryphon's recent transformative definitive agreements to strengthen the balance sheet and acquire major assets, including: Restructured $18.0 million Bitcoin debt by converting $13.0 million to equity at $1.10/share, reducing debt to $5.0 million with Anchorage Digital becoming largest shareholder and board member.

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