Insider Buying: Gryphon Digital Mining, Inc. (NASDAQ:GRYP) SVP Buys $56,642.04 in Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYPGet Free Report) SVP Peter Eric Gallie acquired 145,236 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were bought at an average cost of $0.39 per share, for a total transaction of $56,642.04. Following the completion of the acquisition, the senior vice president now directly owns 145,236 shares of the company’s stock, valued at approximately $56,642.04. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Gryphon Digital Mining Price Performance

Shares of NASDAQ GRYP opened at $0.44 on Friday. Gryphon Digital Mining, Inc. has a 52-week low of $0.35 and a 52-week high of $8.43. The business has a fifty day moving average of $0.55 and a two-hundred day moving average of $0.67.

Hedge Funds Weigh In On Gryphon Digital Mining

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd raised its position in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYPFree Report) by 75.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 40,169 shares of the company’s stock after buying an additional 17,296 shares during the period. XTX Topco Ltd owned about 0.10% of Gryphon Digital Mining worth $27,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 10.21% of the company’s stock.

Analysts Set New Price Targets

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

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About Gryphon Digital Mining

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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.

Further Reading

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