Analyzing Gryphon Digital Mining (NASDAQ:GRYP) & Soluna (NASDAQ:SLNH)

Gryphon Digital Mining (NASDAQ:GRYP) and Soluna (NASDAQ:SLNH) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, dividends, earnings, risk, analyst recommendations, valuation and institutional ownership.

Analyst Ratings

This is a summary of current recommendations and price targets for Gryphon Digital Mining and Soluna, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gryphon Digital Mining	0	1	0	0	2.00
Soluna	0	0	0	0	0.00

Earnings and Valuation

This table compares Gryphon Digital Mining and Soluna”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Gryphon Digital Mining	$6.84 million	3.38	-$11.58 million	N/A	N/A
Soluna	$21.07 million	0.91	-$29.20 million	($14.56)	-0.16

Gryphon Digital Mining has higher earnings, but lower revenue than Soluna.

Institutional and Insider Ownership

10.2% of Gryphon Digital Mining shares are owned by institutional investors. Comparatively, 23.2% of Soluna shares are owned by institutional investors. 11.7% of Gryphon Digital Mining shares are owned by company insiders. Comparatively, 27.3% of Soluna shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Gryphon Digital Mining and Soluna’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Gryphon Digital Mining	N/A	N/A	-133.06%
Soluna	-75.30%	-45.29%	-24.41%

Risk & Volatility

Gryphon Digital Mining has a beta of 2.4, suggesting that its stock price is 140% more volatile than the S&P 500. Comparatively, Soluna has a beta of 2.89, suggesting that its stock price is 189% more volatile than the S&P 500.

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.

About Soluna

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.