Gryphon Digital Mining Set to Join Russell Microcap® Index

LAS VEGAS, NV / ACCESSWIRE / June 3, 2024 / Gryphon Digital Mining, Inc. (Nasdaq: GRYP), a bitcoin mining company certified to be 100% renewable, is set to join the Russell Microcap® Index. This inclusion will be effective at the opening of US equity markets on Monday, July 1st, following the 2024 Russell US Indexes annual reconstitution.

Rob Chang, CEO of Gryphon, stated, "Our inclusion in the Russell Microcap Index underscores the rapid progress we believe Gryphon has made in the capital markets. It reflects our commitment to expanding our bitcoin mining operations while maintaining high operational efficiency and lower-than-average mining costs."

Joining the Russell Microcap® Index will enable Gryphon's automatic inclusion in relevant growth and value style indexes for one year, enhancing GRYP's visibility to institutional investors and funds.

Fiona Bassett, CEO of FTSE Russell, noted, "The annual reconstitution of the Russell Indexes is critical in maintaining their accuracy and relevance, reflecting the ongoing evolution of the U.S. economy."

For more information about the Russell Microcap® Index and the reconstitution process, visit the FTSE Russell website.