Peter Eric Gallie Purchases 145,236 Shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) SVP Peter Eric Gallie acquired 145,236 shares of the company’s stock in a transaction on Monday, January 13th. The stock was acquired at an average cost of $0.39 per share, with a total value of $56,642.04. Following the completion of the purchase, the senior vice president now directly owns 145,236 shares in the company, valued at approximately $56,642.04. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Gryphon Digital Mining Stock Up 0.8 %

NASDAQ:GRYP opened at $0.44 on Friday. The business has a 50 day simple moving average of $0.55 and a 200-day simple moving average of $0.67. Gryphon Digital Mining, Inc. has a 1 year low of $0.35 and a 1 year high of $8.43.

Analysts Set New Price Targets

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

Institutional Trading of Gryphon Digital Mining

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd lifted its position in Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. 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. 10.21% of the stock is owned by hedge funds and other institutional investors.

About Gryphon Digital Mining

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.