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

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

Gryphon Digital Mining Stock Up 19.7 %

NASDAQ GRYP opened at $0.45 on Friday. Gryphon Digital Mining, Inc. has a 12-month low of $0.35 and a 12-month high of $8.43. The company has a fifty day simple moving average of $0.57 and a two-hundred day simple moving average of $0.69.

Hedge Funds Weigh In On Gryphon Digital Mining

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

Analyst Ratings Changes

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