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Gryphon Digital Mining Faces Nasdaq Delisting Challenge

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Gryphon Digital Mining Faces Nasdaq Delisting Challenge

An update from Gryphon Digital Mining ( (GRYP) ) is now available.

On March 5, 2025, Gryphon Digital Mining received a staff delist determination letter from Nasdaq due to non-compliance with the minimum bid price requirement, following a 180-day period to rectify the issue. The company plans to request a hearing to present its compliance plan and has engaged Donohoe Advisory Associates LLC for assistance. Additionally, Gryphon has resolved its legal dispute with Sphere 3D Corp. through a settlement agreement, allowing the company to focus on its business strategy and shareholder value creation.

More about Gryphon Digital Mining

Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin and AI space, focused on bringing digital assets to the market. The company is known for its talented leadership team from globally recognized brands, aiming to enhance digital asset network infrastructure.

YTD Price Performance: -52.25%

Average Trading Volume: 2,915,523

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $13.21M

See more data about GRYP stock on TipRanks’ Stock Analysis page.

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