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Stock impact report

Gryphon Digital Mining Announces Stock Repurchase Program; Machine Upgrade Program Completed Ahead of Schedule [Yahoo! Finance]

Gryphon Digital Mining, Inc (GRYP) 
Company Research Source: Yahoo! Finance
company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, is pleased to announce a new share buyback program, authorized by its Board of Directors (the "Board"), and the completion of its machine upgrade program ahead of schedule. Stock Repurchase Program This strategic move allows for the repurchase of up to $5 million of Gryphon's common stock, underscoring its ongoing commitment to enhancing shareholder value. "This share buyback program authorization demonstrates the Board and management team's confidence in Gryphon's strategy and commitment to shareholder value creation while maintaining a balanced approach to capital allocation moving forward. From our track record of ranking at the top of peer bitcoin efficiency charts throughout our operational existence and being among the lowest cost producers of bitcoin at ~$18,200 per bitcoin in 2023, our dedication towards shareholder friendly decisions is relentless." said Rob Chang, CEO, Show less Read more
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