Gryphon Digital Mining
GRYP

$0.5259

1.13%

Market Cap: $21.3M

About: Gryphon Digital Mining Inc is a Bitcoin mining company. Gryphon's mission is to create the world's leading net carbon-neutral Bitcoin miner. The company will operate a digital asset, mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips to solve complex cryptographic algorithms in support of the Bitcoin blockchain in exchange for cryptocurrency rewards (primarily Bitcoin).

Employees: 3

Financials Finance Services

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

100% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 2

17% more funds holding

Funds holding: 23 [Q1] → 27 (+4) [Q2]

0.66% less ownership

Funds ownership: 7.99% [Q1] → 7.33% (-0.66%) [Q2]

26% less capital invested

Capital invested by funds: $4.61M [Q1] → $3.43M (-$1.18M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for GRYP.

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Financial journalist opinion

Based on 4 articles about GRYP published over the past 30 days

Gryphon Digital Mining to Present at the H.C. Wainwright 26th Annual Global Investment Conference September 9, 2024 at 11:00am ET

LAS VEGAS, NV / ACCESSWIRE / September 9, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is focused on low-cost, efficient operations with an ESG focus, announced today that management will present at the H.C. Wainwright 26th Annual Global Investment Conference.

Gryphon Digital Mining to Present at the H.C. Wainwright 26th Annual Global Investment Conference September 9, 2024 at 11:00am ET

Gryphon Digital Mining Announces August Operational Update

Transformational Month Highlighted by Acquisition of Ultra Low-Cost Power Mining Operations, Paving the Way to Power Costs of ~$0.01/kWh LAS VEGAS, NV / ACCESSWIRE / September 5, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is focused on low-cost, efficient operations with an ESG focus, has released its unaudited operational update for August 2024. Key August highlights: Ultra Low-Cost Operation Acquisition: Entry into an agreement to acquireup to 2.9 megawatts ("MW") of currently running operations equipped with 59 PH/s of bitcoin mining machines.

Gryphon Digital Mining Announces August Operational Update

Gryphon Digital Mining Welcomes Return of Dan Tolhurst to its Board of Directors

Strengthens its team by increasing the size of the Board and adding a founding member of the company LAS VEGAS, NV / ACCESSWIRE / August 29, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company") a bitcoin mining company that is focused on becoming the leader in low-cost, environmentally sustainable operations, announced today that it has increased the size of its Board of Directors from five to six members and appointed Daniel Tolhurst to fill the new Board seat as a Class I director, effective immediately. Mr. Tolhurst's term will expire at the Company's 2025 annual meeting of stockholders.

Gryphon Digital Mining Welcomes Return of Dan Tolhurst to its Board of Directors

Gryphon Acquires Ultra Low-Cost Power Mining Operations at ~$0.01/kWh

Gryphon Takes First Step in Low-Cost Power Plan LAS VEGAS, NV / ACCESSWIRE / August 20, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company") a bitcoin mining company that is focused on low-cost, efficient operations with an ESG focus is proud to announce its first step in its low-cost power pipeline plans. Key highlights: Ultra low-cost power: Power purchase agreements with per kilowatt hour costs averaging around ~1 cent Operating asset: Up to 2.9 megawatts ("MW") of currently running operations equipped with 59 PH/s of bitcoin mining machines Immediately Accretive: Depending on usage, management believes that these low-cost power assets can generate around $1M in annual revenue Flexibility: Low-cost power is expected to provide the Company with flexibility to take advantage of different opportunities that include bitcoin mining, high performance computing, and machine hosting.

Gryphon Acquires Ultra Low-Cost Power Mining Operations at ~$0.01/kWh

Gryphon Digital Mining, Inc. (GRYP) Q2 2024 Earnings Call Transcript

Gryphon Digital Mining, Inc. (NASDAQ:GRYP ) Q2 2024 Earnings Conference Call August 15, 2024 10:00 AM ET Company Participants Rob Chang - CEO Sim Salzman - CFO Conference Call Participants Kevin Dede - H.C. Wainwright Martin Toner - ATB Capital Markets Jon Hickman - Ladenburg and Thalmann Operator Greetings and welcome to the Gryphon Digital Mining Second Quarter 2024 Earnings Call.

Gryphon Digital Mining, Inc. (GRYP) Q2 2024 Earnings Call Transcript

Gryphon Digital Mining, Inc. Reports Second Quarter 2024 Financial Results

LAS VEGAS, NV / ACCESSWIRE / August 14, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon," the "Company," "we," "our," and "us"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, today reported financial results for its quarter ended June 30, 2024. "Gryphon reached milestones in both hashrate and energy efficiency during the second quarter of 2024, setting new company records," said Rob Chang, the CEO of Gryphon Digital Mining.

Gryphon Digital Mining, Inc. Reports Second Quarter 2024 Financial Results

Gryphon Digital Mining to Host Second Quarter 2024 Earnings Conference Call

LAS VEGAS, NV / ACCESSWIRE / August 9, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, announced today that management will host a conference call on Thursday, August 15, 2024 at 10:00 AM Eastern Time to discuss results for its second quarter ended June 30, 2024. Conference Call Information Date: Thursday, August 15, 2024Time: 10:00 AM Eastern TimeToll Free: 877-545-0523International: 973-528-0016Participant Access Code: 472122Webcast Link: https://www.webcaster4.com/Webcast/Page/3030/51063 Conference Call Replay Information Toll Free: 877-481-4010International: 919-882-2331Replay Passcode: 51063Webcast Replay: https://www.webcaster4.com/Webcast/Page/3030/51063 About Gryphon Digital Mining Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto the clean energy grid.

Gryphon Digital Mining to Host Second Quarter 2024 Earnings Conference Call

Gryphon Digital Mining Announces July Operational Update

Leadership in bitcoin efficiency and energy efficiency continues, with 24 BTC/EH and 28.6 J/T respectively LAS VEGAS, NV / ACCESSWIRE / August 5, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, has released its unaudited operational update for July 2024. Key July highlights: Leading Bitcoin Efficiency: Achieved bitcoin efficiency of 24 BTC/EH for the month of July, following a second-place score among publicly disclosing peers in June Improved Hashrate: Monthly average hashrate of 871 PH/s, an 8% increase over July 2023 Strong Energy Efficiency: Maintained leading energy efficiency at 28.6 joules per terahash ("J/T") Bitcoin Production: Expect to have produced approximately 21.4 bitcoin Projected approximately $1.34 million in value based on an average bitcoin price for the month of $62,805 Sustainable Operations: Scope 1 and Scope 2[1] operations continue to be 100% electrified by zero-carbon emitting hydro power "July showcased Gryphon's operational consistency as we have maintained robust production and efficiency levels over the past few months," noted Rob Chang, CEO of Gryphon.

Gryphon Digital Mining Announces July Operational Update

Gryphon Digital Mining Announces CFO Transition

LAS VEGAS, NV / ACCESSWIRE / August 2, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, today announced that Sim Salzman, Chief Financial Officer, will be stepping down from his position effective November 15, 2024 to spend more time with his family and pursue other interests. Gryphon Mining will initiate a search process for a successor.

Gryphon Digital Mining Announces CFO Transition

Sphere Concedes It Will No Longer Seek To Impose Any Liability for Impersonation of Its CFO

Sphere's concession means that Gryphon is no longer subject to liability on the basis of these allegations LAS VEGAS, NV / ACCESSWIRE / July 17, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, is providing an update regarding its ongoing litigation with Sphere 3D. On June 27, 2024, during a court conference in the litigation proceedings between Gryphon Digital Mining, Inc. ("Gryphon") and Sphere 3D Corp. ("Sphere") in the U.S. District Court for the Southern District of New York, Sphere conceded that it was no longer seeking to impose any liability against Gryphon for events that occurred in early 2023 in which a hostile threat actor impersonated Sphere's chief financial officer in an email sent to both Sphere and Gryphon's personnel and requested the transfer of twenty-six (26) bitcoin from a Sphere wallet controlled by Gryphon.

Sphere Concedes It Will No Longer Seek To Impose Any Liability for Impersonation of Its CFO

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