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Gryphon Digital Mining Terminates Purchase Agreement with Erikson

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Gryphon Digital Mining Terminates Purchase Agreement with Erikson

Gryphon Digital Mining ( (GRYP) ) just unveiled an announcement.

Gryphon Digital Mining, Inc. had entered into a Purchase Agreement with Erikson National Energy Inc. on December 9, 2024, to acquire Erikson’s natural gas and oil assets in northeast British Columbia. However, after reviewing its due diligence findings, Gryphon terminated the agreement on February 27, 2025, with no material early termination penalties, but remains interested in potentially purchasing a subset of Erikson’s assets in the future.

More about Gryphon Digital Mining

Gryphon Digital Mining, Inc. operates in the digital mining industry, focusing on cryptocurrency mining and related services.

YTD Price Performance: -30.33%

Average Trading Volume: 2,924,178

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $19.24M

For an in-depth examination of GRYP stock, go to TipRanks’ Stock Analysis page.

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