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 company’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $0.35, for a total transaction of $211,603.35. Following the completion of 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 document filed with the SEC, which is accessible through the SEC website.

Gryphon Digital Mining Trading Up 19.7 %

GRYP stock traded up $0.07 during trading hours on Friday, hitting $0.45. 92,063,194 shares of the stock traded hands, compared to its average volume of 15,872,120. The stock has a 50-day simple moving average of $0.57 and a 200 day simple moving average of $0.70. Gryphon Digital Mining, Inc. has a one year low of $0.35 and a one year high of $8.43.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Gryphon Digital Mining

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd boosted its holdings in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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.

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.