Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Purchases $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 that occurred on Monday, January 13th. The stock was bought at an average price of $0.39 per share, for a total transaction of $37,761.36. Following the acquisition, the director now owns 3,406,473 shares of the company’s stock, valued at $1,328,524.47. This represents a 2.93 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Gryphon Digital Mining Stock Down 0.3 %

Gryphon Digital Mining stock opened at $0.44 on Friday. Gryphon Digital Mining, Inc. has a fifty-two week low of $0.35 and a fifty-two week high of $8.43. The stock’s 50 day simple moving average is $0.55 and its two-hundred day simple moving average is $0.67.

Institutional Investors Weigh In On Gryphon Digital Mining

An institutional investor recently raised its position in Gryphon Digital Mining stock. XTX Topco Ltd raised its position in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% in the 3rd 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 buying an additional 17,296 shares during the quarter. XTX Topco Ltd owned about 0.10% of Gryphon Digital Mining worth $27,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 10.21% of the company’s stock.

Wall Street Analyst Weigh In

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

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.