Insider Selling: Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Sells 604,581 Shares of Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Director Brittany Kaiser sold 604,581 shares of the business’s stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $0.35, for a total value of $211,603.35. Following the sale, the director now owns 604,581 shares in the company, valued at $211,603.35. This represents a 50.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Gryphon Digital Mining Price Performance

GRYP opened at $0.45 on Friday. The company’s 50 day moving average price is $0.57 and its two-hundred day moving average price is $0.69. Gryphon Digital Mining, Inc. has a fifty-two week low of $0.35 and a fifty-two week high of $8.43.

Analysts Set New Price Targets

Separately, HC Wainwright reissued 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 raised its stake in Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. 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 about 0.10% of Gryphon Digital Mining worth $27,000 as of its most recent SEC filing. 10.21% of the stock is 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.