ChainCatcher message, Nasdaq-listed BTC mining company Gryphon announced a $18.7 million acquisition of an 850-acre, gas-powered industrial site from Canadian oil and gas company Captus Generation, and the stock price pumped 20% on Friday.
According to the acquisition agreement, Gryphon will pay 24 million Canadian dollars (approximately 17 million US dollars) in cash to BTG Energy, the parent company of Captus, and issue 3 million Canadian dollars of restricted stock to the new management team.
In addition, Gryphon recently acquired the bankrupt assets of Erikson National Energy, a Canadian electricity company, for 2 million Canadian dollars, including natural gas and oil wells and facilities in the northeast of British Columbia.
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