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

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

Gryphon Digital Mining Trading Up 19.7 %

Shares of GRYP opened at $0.45 on Friday. Gryphon Digital Mining, Inc. has a 52-week low of $0.35 and a 52-week high of $8.43. The business’s fifty day moving average is $0.57 and its 200-day moving average is $0.69.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd lifted its stake in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,169 shares of the company’s stock after purchasing 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.

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.