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Sphere 3D Corporation: Gryphon Digital Mining and Sphere 3D Corp Announce Agreement to Purchase 250,000 Carbon Offset Credits


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The purchased credits help to clean 250,000 tons of carbon from the atmosphere
Miami, Florida (Newsfile Corp. - June 9, 2021) - Gryphon Digital Mining and Sphere 3D (NASDAQ: ANY), which recently entered into an Agreement and Plan of Merger, today announced that they have entered into an agreement to purchase 250,000 Certified Emission Reductions ( CERs or Credits ), with each company purchasing 125,000 credits, subject to closing conditions (as further defined below). These credits will not only support ESG commitments in achieving net-zero emissions for the parties, but will allow Gryphon to become the first carbon negative crypto miner, This is the next stage in both Gryphon and Sphere 3D s mission to develop operations with sustainability and ESG ideals in mind. ....

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