Insider Selling: Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Sells 604,581 Shares of Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Brittany Kaiser sold 604,581 shares of the company’s stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $0.35, for a total value of $211,603.35. Following the sale, the director now directly owns 604,581 shares of the company’s stock, valued at approximately $211,603.35. This represents a 50.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Gryphon Digital Mining Stock Up 19.7 %

Shares of GRYP stock traded up $0.07 during trading hours on Friday, reaching $0.45. 92,063,194 shares of the stock traded hands, compared to its average volume of 15,872,120. Gryphon Digital Mining, Inc. has a 1-year low of $0.35 and a 1-year high of $8.43. The business has a fifty day moving average price of $0.57 and a 200 day moving average price of $0.70.

Analyst Upgrades and Downgrades

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

Institutional Trading of Gryphon Digital Mining

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd increased its holdings in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the third quarter, according to its most recent Form 13F filing 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 quarter. XTX Topco Ltd owned 0.10% of Gryphon Digital Mining worth $27,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 10.21% of the company’s stock.

Gryphon Digital Mining Company Profile

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.