tiprankstipranks
Advertisement
Advertisement

Gryphon expands bitcoin mining fleet, evaluates bitcoin strategic reserve

Gryphon Digital Mining (GRYP) announced the acquisition of 1,900 S19JPro series machines with an extended warranty from RepairBit at a 20% discount to market rates provided by Hashrate Index. This purchase will increase Gryphon’s mining fleet by approximately 22%, from 8,500 to 10,400 machines. Gryphon is also analyzing the creation of a strategic bitcoin reserve that could strengthen the company’s balance sheet.

Claim 30% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1