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Gryphon Digital Mining Signs Definitive Agreement for HPC/AI Asset Scalable to 4GW of Green Energy Through Natural Gas and Carbon Sequestration

1. Gryphon acquires 850-acre energy site in Southern Alberta for expansion. 2. Acquisition enables 4GW capacity and emphasizes green energy commitments.

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Why Very Bullish?

The acquisition positions Gryphon as a key player in AI and computing. Similar expansions have led to significant stock price increases in tech companies.

How important is it?

The acquisition strategically positions Gryphon for growth in AI sectors, impacting future revenues. Such moves typically indicate strong potential for price appreciation.

Why Long Term?

The infrastructure impacts future growth, enhancing Gryphon's market positioning over years. Previous acquisitions have similarly resulted in sustained growth trajectories for companies.

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Groundbreaking acquisition of major energy site in Southern Alberta expected to catapult Gryphon into elite tier of global computing infrastructure providers Acquisition Highlights Include: Massive 850 industrial zoned acreage with access to dual natural gas supply, grid connection, non-potable water resources, and dual high-speed fiber connection providers World class carbon capture and sequestration capabilities on-site can make this a truly green source of energy combined with redundant sources of power Expansive footprint expected to allow up to 4GW of total capacity; up to ~130MW anticipated by the end of 2026 Experienced technical team comes with the asset and has over 100 years of combined industry expertise, led by Harry Andersen (former COO of Pembina Pipeline) LAS VEGAS, NV / ACCESSWIRE / January 10, 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, has signed a definitive agreement to acquire Captus Energy's 850-acre industrial site in Southern Alberta, Canada, which the Company believes will enable a substantial expansion into AI and high-performance computing (HPC) data center infrastructure. The acquired asset has the potential to scale to 4 gigawatts (GW) of reliable, sustainable power generation capacity through gas to power generation and carbon sequestration on site.

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