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Gryphon Digital Mining Inc.

04/21/2025 | Press release | Distributed by Public on 04/21/2025 14:05

Material Event (Form 8-K)

Item 8.01. Other Events.

On April 15, 2025, due to high industry hash rates and high energy costs, Gryphon Digital Mining, Inc. (the "Company") and Blockfusion USA, Inc. ("Blockfusion") agreed to suspend mining operations and curtail service, respectively. The Company and Blockfusion are actively collaborating to rework their Co-Location Mining Services Agreement, dated as of December 1, 2024, to enable the Company to mine profitably moving forward. The Company expects to issue additional updates as appropriate.

Gryphon Digital Mining Inc. published this content on April 21, 2025, and is solely responsible for the information contained herein. Distributed via EDGAR on April 21, 2025 at 20:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]