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

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Daniel George Tolhurst purchased 96,824 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were purchased 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 of the company’s stock, valued at $1,328,524.47. This represents a 2.93 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Gryphon Digital Mining Stock Down 2.3 %

Shares of NASDAQ GRYP opened at $0.43 on Thursday. Gryphon Digital Mining, Inc. has a 12-month low of $0.35 and a 12-month high of $8.43. The company has a 50-day moving average of $0.56 and a 200 day moving average of $0.68.

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Gryphon Digital Mining

A hedge fund recently raised its stake in Gryphon Digital Mining stock. XTX Topco Ltd boosted its stake in shares of 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 quarter. 10.21% of the stock is currently owned by hedge funds and other 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.