Daniel George Tolhurst Acquires 96,824 Shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Daniel George Tolhurst acquired 96,824 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were acquired at an average price of $0.39 per share, with a total value of $37,761.36. Following the completion of the transaction, the director now directly owns 3,406,473 shares in the company, valued at approximately $1,328,524.47. This trade represents a 2.93 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Gryphon Digital Mining Stock Performance

Gryphon Digital Mining stock opened at $0.44 on Friday. Gryphon Digital Mining, Inc. has a 12 month low of $0.35 and a 12 month high of $8.43. The company’s fifty day simple moving average is $0.55 and its 200-day simple moving average is $0.67.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd increased 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 fund owned 40,169 shares of the company’s stock after buying an additional 17,296 shares during the period. XTX Topco Ltd owned 0.10% of Gryphon Digital Mining worth $27,000 at the end of the most recent reporting period. 10.21% of the stock is owned by institutional investors.

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.