GRYP (Gryphon Digital Mining) Accumulated Depreciation : $-14.12 Mil (As of Dec. 2024)

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What is Gryphon Digital Mining Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Gryphon Digital Mining's quarterly accumulated depreciation increased from Jun. 2024 ($-9.48 Mil) to Sep. 2024 ($-12.37 Mil) and increased from Sep. 2024 ($-12.37 Mil) to Dec. 2024 ($-14.12 Mil).

Gryphon Digital Mining's annual accumulated depreciation increased from Dec. 2022 ($-0.11 Mil) to Dec. 2023 ($-3.06 Mil) and increased from Dec. 2023 ($-3.06 Mil) to Dec. 2024 ($-14.12 Mil).

Gryphon Digital Mining Accumulated Depreciation Historical Data

The historical data trend for Gryphon Digital Mining's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gryphon Digital Mining Accumulated Depreciation Chart

Gryphon Digital Mining Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accumulated Depreciation

-0.70

-0.11

-3.06

-14.12

Gryphon Digital Mining Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accumulated Depreciation	Get a 7-Day Free Trial						-3.06	-6.31	-9.48	-12.37	-14.12

Gryphon Digital Mining Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Gryphon Digital Mining Accumulated Depreciation Related Terms

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Gryphon Digital Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Gryphon Digital Mining Inc (NAS:GRYP) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1180 N. Town Center Drive, Suite 100, Las Vegas, NV, USA, 89144

Website

https://gryphondigitalmining.com

Gryphon Digital Mining Inc is a Bitcoin mining company. Gryphon's mission is to create the world's net carbon-neutral Bitcoin miner. The company will operate a digital asset, mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips to solve complex cryptographic algorithms in support of the Bitcoin blockchain in exchange for cryptocurrency rewards. It has vigorously acquired and develop energy assets for AI and high-performance computing (HPC) data center infrastructure. It acquire power assets, and then add electrification, infrastructure and computing power to those assets.