Gryphon Digital Mining, Inc. (NASDAQ:GRYP) SVP Purchases $56,642.04 in Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) SVP Peter Eric Gallie bought 145,236 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were bought at an average cost of $0.39 per share, for a total transaction of $56,642.04. Following the transaction, the senior vice president now owns 145,236 shares of the company’s stock, valued at $56,642.04. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Gryphon Digital Mining Stock Down 2.3 %

Shares of GRYP stock opened at $0.43 on Thursday. Gryphon Digital Mining, Inc. has a 52-week low of $0.35 and a 52-week high of $8.43. The company has a 50-day simple moving average of $0.56 and a two-hundred day simple moving average of $0.68.

Hedge Funds Weigh In On Gryphon Digital Mining

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd increased its holdings in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,169 shares of the company’s stock after acquiring an additional 17,296 shares during the quarter. XTX Topco Ltd owned approximately 0.10% of Gryphon Digital Mining worth $27,000 as of its most recent SEC filing. Institutional investors and hedge funds own 10.21% of the company’s stock.

Analyst Ratings Changes

Separately, HC Wainwright restated a “neutral” rating on shares of Gryphon Digital Mining in a research note 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.