Gryphon Digital Mining (GRYP) has released an update.
Gryphon Digital Mining, Inc., formerly Akerna Corp., made strategic financial moves in early 2024, including a share exchange, a merger, and a sale transaction. They exchanged Series C Preferred Stock for common stock, merged with Ivy Crypto, Inc. to make it a wholly-owned subsidiary, and began trading on the NASDAQ under the symbol “GRYP.” Additionally, they sold MJ Freeway, LLC for $1.2 million plus debt conversion and announced a reverse stock split to increase the availability of common stock for issuance. These developments reflect the company’s dynamic approach to growth and capital restructuring in the competitive tech and financial markets.
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