Gryphon signs definitive agreement to acquire Captus Energy site for CAD 27M; potential 4GW

American Bitcoin Corp.

Total consideration CAD $27M; includes CAD $3M in restricted shares for management vesting over 4 years.
850-acre industrial site in Southern Alberta; potential to scale to 4GW; ~130MW expected by end of 2026.
Dual natural gas supply, on-site carbon sequestration, grid connection, and high-speed fiber available.
At $1.5M revenue per MW, site could generate over $5B in annual revenue; closing expected by April 2025.
Restricted stock awards granted to Harry Andersen (1.97M shares), Paul Connolly, Mark Taylor, Steve Giacomin.

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