Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Daniel George Tolhurst Buys 96,824 Shares

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Daniel George Tolhurst purchased 96,824 shares of Gryphon Digital Mining stock in a transaction on Monday, January 13th. The stock was bought at an average cost of $0.39 per share, with a total value of $37,761.36. Following the completion of the acquisition, the director now owns 3,406,473 shares in the company, valued at approximately $1,328,524.47. This trade represents a 2.93 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Gryphon Digital Mining Price Performance

Gryphon Digital Mining stock traded down $0.01 during mid-day trading on Wednesday, reaching $0.43. The company had a trading volume of 2,538,981 shares, compared to its average volume of 12,488,477. 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 moving average of $0.56 and a 200-day moving average of $0.68.

Institutional Trading of Gryphon Digital Mining

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

Analyst Ratings Changes

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