Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Buys $37,761.36 in Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Daniel George Tolhurst purchased 96,824 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were purchased at an average price of $0.39 per share, with a total value of $37,761.36. Following the acquisition, the director now directly owns 3,406,473 shares in the company, valued at approximately $1,328,524.47. The trade was a 2.93 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Gryphon Digital Mining Trading Down 2.3 %

NASDAQ GRYP opened at $0.43 on Thursday. The stock has a fifty day simple moving average of $0.56 and a 200-day simple moving average of $0.68. Gryphon Digital Mining, Inc. has a twelve month low of $0.35 and a twelve month high of $8.43.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated a “neutral” rating on shares of Gryphon Digital Mining in a research report on Friday, September 20th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd lifted its stake in Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 40,169 shares of the company’s stock after acquiring an additional 17,296 shares during the quarter. XTX Topco Ltd owned 0.10% of Gryphon Digital Mining worth $27,000 at the end of the most recent reporting period. Institutional investors own 10.21% of the company’s stock.

Gryphon Digital Mining Company Profile

Gryphon Digital Mining, Inc operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.