Insider Buying: Gryphon Digital Mining, Inc. (NASDAQ:GRYP) SVP Purchases 145,236 Shares of Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) SVP Peter Eric Gallie purchased 145,236 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was purchased at an average price of $0.39 per share, with a total value of $56,642.04. Following the acquisition, the senior vice president now directly owns 145,236 shares of the company’s stock, valued at $56,642.04. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Gryphon Digital Mining Stock Up 0.8 %

Shares of GRYP stock opened at $0.44 on Friday. The stock’s 50-day moving average is $0.55 and its 200 day moving average is $0.67. Gryphon Digital Mining, Inc. has a 1-year low of $0.35 and a 1-year high of $8.43.

Analyst Ratings Changes

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

Institutional Trading of Gryphon Digital Mining

An institutional investor recently raised its position in Gryphon Digital Mining stock. XTX Topco Ltd boosted its holdings in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,169 shares of the company’s stock after buying an additional 17,296 shares during the period. XTX Topco Ltd owned approximately 0.10% of Gryphon Digital Mining worth $27,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 10.21% of the stock is currently owned by institutional investors and hedge funds.

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.