Gryphon Digital Mining Delays Plan to Become Publicly Traded
Gryphon Digital Mining, a privately held company focused on mining bitcoin using 100% renewable energy, will be closing its deal to go public in the first quarter of 2022 instead of the previously expected fourth quarter of this year.The miner announced on June 3 that it would go public via a reverse merger with Nasdaq-listed data management company Sphere 3D (ANY). The deal was initially slated to close in the third quarter of this year but that was pushed to the fourth quarter of 2021 due to a complicated regulatory approval process.However, the company said in a filing on Nov.…