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Gryphon Digital Mining Expands with Major Acquisition in Canada
Company Announcements

Gryphon Digital Mining Expands with Major Acquisition in Canada

Story Highlights
  • Gryphon Digital Mining acquires Captus Energy’s site in Alberta for CAD $27 million.
  • The acquisition expands Gryphon’s AI infrastructure, potentially scaling to 4GW capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Gryphon Digital Mining ( (GRYP) ) has provided an announcement.

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Gryphon Digital Mining has signed a definitive agreement to acquire Captus Energy’s 850-acre industrial site in Southern Alberta, Canada, for CAD $27 million, marking a significant expansion into AI and high-performance computing (HPC) infrastructure. This acquisition positions Gryphon to potentially generate substantial revenue, with the site scalable to 4 gigawatts of power capacity through natural gas and carbon sequestration, and follows strategic moves to secure assets in British Columbia, aiming to transform Gryphon’s trajectory and scale.

More about Gryphon Digital Mining

Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin and AI space, dedicated to bringing digital assets to market. The company is focused on improving digital asset network infrastructure and has assembled a leadership team with expertise from globally recognized brands.

YTD Price Performance: -5.75%

Average Trading Volume: 956,013

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $19.54M

Find detailed analytics on GRYP stock on TipRanks’ Stock Analysis page.

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