Gryphon Digital MiningNASDAQ: GRYP

Anchorage Digital to become largest shareholder and join Gryphon Digital Mining Board Gryphon restructures Anchorage Digital debt of 304 BTC (approximately $18 million1) to increase shareholder equity and reduce outstanding debt by over 70%, by: converting approximately $13M of debt into equity and pre-funded warrants at $1.10/share, a significant premium to current market price; restructuring the remaining $5 million debt as follows: three year term; 4.25% interest rate; interest only payments during the term; conversion features as described below; and payable in USD over 3 years;. granting Anchorage Digital additional warrants to purchase 2 million shares at $1.50/share; and Anchorage Digital will become a key advisor to the Company and will be granted a seat on Gryphon's Board of Directors LAS VEGAS, NV / ACCESSWIRE / October 28, 2024 / Gryphon Digital Mining , Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company") a bitcoin mining company that is focused on becoming the leader in low-cost, efficient operations, today announced it has entered into an agreement with Anchorage Lending CA, LLC , a subsidiary of Anchor Labs, Inc. d/b/a Anchorage Digital ("Anchorage Digital"), to substantially restructure the Company's outstanding debt.

Defining Month Highlighted by Augmenting Leadership Depth: Steve Gutterman Named as Chief Executive Officer, Jimmy Vaipoulos as Chairman and Sim Salzman to Continue as Chief Financial Officer LAS VEGAS, NV / ACCESSWIRE / October 14, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is focused on low-cost, efficient operations, has released its unaudited operational update for September 2024. Key September 2024 highlights: Steve Gutterman Named as Chief Executive Officer, Jimmy Vaipoulos as Chairman and Sim Salzman to continue as Chief Financial Officer +500 MW power pipeline: Gryphon continues to evaluate a pipeline of similar low-cost opportunities for potentially +500 MW Improved Hashrate: Monthly average hashrate of 920 PH/s, a 4% increase over August 2024 Bitcoin Production: Expect to have produced approximately 19.31 bitcoin Projected approximately $1.16 million in value based on an average bitcoin price for the month of $60,286 High Uptime: 98.7% mining fleet average up time in September following 97.3% in August due to maintenance Sustainable Operations: Scope 1 and Scope 21 operations at our Northeastern U.S. operations continue to be 100% electrified by zero-carbon emitting hydro power 1Scope 1 emissions are direct emissions from owned or controlled sources by the company, such as emissions from combustion in owned or controlled boilers, furnaces, vehicles, etc.

LAS VEGAS, NV / ACCESSWIRE / September 27, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company") a bitcoin mining company that is focused on becoming the leader in low-cost, environmentally sustainable operations, that Sim Salzman will continue in his role as Chief Financial Officer. Sim's decision to remain with Gryphon follows the company's recent efforts to bolster its management team and board, which included appointing Steve Gutterman as CEO and Jimmy Vaipoulos as Chairman.

Transformational Month Highlighted by Acquisition of Ultra Low-Cost Power Mining Operations, Paving the Way to Power Costs of ~$0.01/kWh LAS VEGAS, NV / ACCESSWIRE / September 5, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is focused on low-cost, efficient operations with an ESG focus, has released its unaudited operational update for August 2024. Key August highlights: Ultra Low-Cost Operation Acquisition: Entry into an agreement to acquireup to 2.9 megawatts ("MW") of currently running operations equipped with 59 PH/s of bitcoin mining machines.

Strengthens its team by increasing the size of the Board and adding a founding member of the company LAS VEGAS, NV / ACCESSWIRE / August 29, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company") a bitcoin mining company that is focused on becoming the leader in low-cost, environmentally sustainable operations, announced today that it has increased the size of its Board of Directors from five to six members and appointed Daniel Tolhurst to fill the new Board seat as a Class I director, effective immediately. Mr. Tolhurst's term will expire at the Company's 2025 annual meeting of stockholders.

Gryphon Digital Mining, Inc. (NASDAQ:GRYP ) Q2 2024 Earnings Conference Call August 15, 2024 10:00 AM ET Company Participants Rob Chang - CEO Sim Salzman - CFO Conference Call Participants Kevin Dede - H.C. Wainwright Martin Toner - ATB Capital Markets Jon Hickman - Ladenburg and Thalmann Operator Greetings and welcome to the Gryphon Digital Mining Second Quarter 2024 Earnings Call.

LAS VEGAS, NV / ACCESSWIRE / August 14, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon," the "Company," "we," "our," and "us"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, today reported financial results for its quarter ended June 30, 2024. "Gryphon reached milestones in both hashrate and energy efficiency during the second quarter of 2024, setting new company records," said Rob Chang, the CEO of Gryphon Digital Mining.

Leadership in bitcoin efficiency and energy efficiency continues, with 24 BTC/EH and 28.6 J/T respectively LAS VEGAS, NV / ACCESSWIRE / August 5, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, has released its unaudited operational update for July 2024. Key July highlights: Leading Bitcoin Efficiency: Achieved bitcoin efficiency of 24 BTC/EH for the month of July, following a second-place score among publicly disclosing peers in June Improved Hashrate: Monthly average hashrate of 871 PH/s, an 8% increase over July 2023 Strong Energy Efficiency: Maintained leading energy efficiency at 28.6 joules per terahash ("J/T") Bitcoin Production: Expect to have produced approximately 21.4 bitcoin Projected approximately $1.34 million in value based on an average bitcoin price for the month of $62,805 Sustainable Operations: Scope 1 and Scope 2[1] operations continue to be 100% electrified by zero-carbon emitting hydro power "July showcased Gryphon's operational consistency as we have maintained robust production and efficiency levels over the past few months," noted Rob Chang, CEO of Gryphon.

LAS VEGAS, NV / ACCESSWIRE / August 2, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, today announced that Sim Salzman, Chief Financial Officer, will be stepping down from his position effective November 15, 2024 to spend more time with his family and pursue other interests. Gryphon Mining will initiate a search process for a successor.