Gryphon Digital Mining, Inc. (NASDAQ:GRYP) CFO Simeon Salzman Sells 55,595 Shares

Posted by Renee Jackson on Jun 26th, 2024

Gryphon Digital Mining, Inc. (NASDAQ:GRYP – Get Free Report) CFO Simeon Salzman sold 55,595 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $1.19, for a total transaction of $66,158.05. Following the completion of the transaction, the chief financial officer now owns 169,423 shares of the company’s stock, valued at $201,613.37. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Gryphon Digital Mining Trading Up 1.8 %

NASDAQ:GRYP traded up $0.02 during trading hours on Wednesday, reaching $1.14. The company had a trading volume of 554,302 shares, compared to its average volume of 365,529. Gryphon Digital Mining, Inc. has a 52 week low of $1.06 and a 52 week high of $14.96. The company’s 50 day simple moving average is $1.40.

Gryphon Digital Mining (NASDAQ:GRYP – Get Free Report) last posted its earnings results on Monday, May 13th. The company reported ($0.36) EPS for the quarter. The business had revenue of $7.49 million for the quarter.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. SVB Wealth LLC purchased a new stake in Gryphon Digital Mining during the first quarter valued at approximately $68,000. MMCAP International Inc. SPC purchased a new stake in Gryphon Digital Mining during the first quarter valued at approximately $877,000. K2 Principal Fund L.P. purchased a new stake in Gryphon Digital Mining during the first quarter valued at approximately $971,000. Finally, Murchinson Ltd. purchased a new stake in Gryphon Digital Mining during the first quarter valued at approximately $1,175,000. Institutional investors own 10.21% of the company’s stock.

About Gryphon Digital Mining

(Get Free Report)

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.