Gryphon Digital Mining Appoints Energy Industry Veteran Eric Gallie as Senior Vice President of Energy Strategy
LAS VEGAS, NEVADA / ACCESSWIRE / December 12, 2024 /Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, today announced Eric Gallie's appointment as Senior Vice President of Energy Strategy, effective immediately. In his new role, Mr. Gallie will oversee Gryphon's energy initiatives to support the Company's acquisition efforts, focusing on securing and optimizing low-cost power sources for digital currency mining operations and AI infrastructure development.
"Power is the name of the game, and we're very serious about pursuing an acquisition strategy that will support our bitcoin mining and AI verticals," said Steve Gutterman, CEO of Gryphon Digital Mining. "To do that, we're bringing in the best people in the field. Eric's deep expertise in power markets and energy infrastructure makes him ideal as we continue to expand our operations and pursue strategic growth opportunities in both digital mining and AI infrastructure."
Mr. Gallie joins Gryphon from an energy focused hedge fund, where he managed upstream and integrated oil & gas equity investment portfolios while coordinating research and trade ideas with natural gas and power traders. His 18-year career spans significant roles in energy finance and operations, including managing a $1.5 billion upstream and integrated oil & gas investment portfolio at Luminus Capital Management. Previously, as CFO and Director at Distinction Energy, he successfully guided the company through a complex restructuring process and led due diligence on a $335 million asset acquisition. His experience also includes positions at Citadel LLC's Surveyor Capital and RBC Capital Markets, where he specialized in natural gas markets and supply analysis.
"I was drawn to Gryphon because they're positioned at the intersection of energy, digital assets, and AI infrastructure, with an exceptional leadership team and clear vision for growth," said Eric Gallie. "With my background in power and natural gas, I see tremendous potential to develop large-scale projects in this space. The convergence of energy solutions with digital mining and AI infrastructure presents unique opportunities, and I'm excited to help position Gryphon at the forefront of this evolution."
Mr. Gallie, a recipient of the 2020 Brendan Woods Top Gun Award recognizing top US energy investment minds, holds a Bachelor of Management degree in Finance from the University of Lethbridge. He brings additional strategic depth through his board experience with multiple energy companies, including current positions with Megalodon Energy and White Top Oil & Gas.
About Gryphon Digital Mining
Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market. With a talented leadership team coming from globally recognized brands, Gryphon has assembled thought leaders to improve digital asset network infrastructure. More information is available onhttps://gryphondigitalmining.com/
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INVESTOR CONTACT:
Name:James CarbonaraCompany:Hayden IRPhone:(646)-755-7412Email:james@haydenir.com
SOURCE:Gryphon Digital Mining
View the originalpress releaseon accesswire.comReleased December 12, 2024