Brittany Kaiser Sells 604,581 Shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Brittany Kaiser sold 604,581 shares of the firm’s stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $0.35, for a total transaction of $211,603.35. Following the transaction, the director now directly owns 604,581 shares of the company’s stock, valued at approximately $211,603.35. This trade represents a 50.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gryphon Digital Mining Stock Up 19.7 %

Gryphon Digital Mining stock opened at $0.45 on Friday. Gryphon Digital Mining, Inc. has a 52 week low of $0.35 and a 52 week high of $8.43. The business’s 50-day moving average price is $0.57 and its 200 day moving average price is $0.69.

Institutional Investors Weigh In On Gryphon Digital Mining

An institutional investor recently raised its position in Gryphon Digital Mining stock. XTX Topco Ltd boosted its position in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,169 shares of the company’s stock after buying an additional 17,296 shares during the quarter. XTX Topco Ltd owned approximately 0.10% of Gryphon Digital Mining worth $27,000 at the end of the most recent reporting period. 10.21% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

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.