Gryphon Digital Mining, Inc. (NASDAQ:GRYP) CFO Sells $66,158.05 in Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) CFO Simeon Salzman sold 55,595 shares of the stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of $1.19, for a total value of $66,158.05. Following the sale, the chief financial officer now directly owns 169,423 shares of the company’s stock, valued at $201,613.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Gryphon Digital Mining Price Performance

NASDAQ:GRYP traded up $0.02 during trading hours on Wednesday, reaching $1.14. The stock had a trading volume of 554,302 shares, compared to its average volume of 365,529. The stock has a 50 day moving average of $1.40. Gryphon Digital Mining, Inc. has a 12-month low of $1.06 and a 12-month high of $14.96.

Gryphon Digital Mining (NASDAQ:GRYP) last posted its quarterly earnings results on Monday, May 13th. The company reported ($0.36) EPS for the quarter. The firm had revenue of $7.49 million during the quarter.

Hedge Funds Weigh In On Gryphon Digital Mining

Large investors have recently made changes to their positions in the stock. MMCAP International Inc. SPC bought a new stake in Gryphon Digital Mining during the first quarter valued at $877,000. K2 Principal Fund L.P. bought a new stake in Gryphon Digital Mining during the first quarter valued at $971,000. SVB Wealth LLC bought a new stake in Gryphon Digital Mining during the first quarter valued at $68,000. Finally, Murchinson Ltd. bought a new stake in Gryphon Digital Mining during the first quarter valued at $1,175,000. 10.21% of the stock is owned by institutional investors.

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.