Insider Buying: Gryphon Digital Mining, Inc. (NASDAQ:GRYP) SVP Acquires $56,642.04 in Stock

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) SVP Peter Eric Gallie bought 145,236 shares of the stock in a transaction dated Monday, January 13th. The stock was acquired at an average price of $0.39 per share, with a total value of $56,642.04. Following the completion of the purchase, the senior vice president now owns 145,236 shares of the company’s stock, valued at $56,642.04. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Gryphon Digital Mining Price Performance

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

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Gryphon Digital Mining stock. XTX Topco Ltd increased its position in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,169 shares of the company’s stock after acquiring an additional 17,296 shares during the quarter. XTX Topco Ltd owned about 0.10% of Gryphon Digital Mining worth $27,000 at the end of the most recent quarter. 10.21% of the stock is 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.