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The latest update is out from Gryphon Digital Mining ( (GRYP) ).
On May 24, 2025, Gryphon Digital Mining held a special meeting where stockholders approved increasing authorized shares from 150 million to 500 million and a reverse stock split with a ratio to be determined by the board. The proposal to declassify the board was not approved, but the issuance of shares upon conversion of a loan was approved, impacting the company’s capital structure and market strategy.
Spark’s Take on GRYP Stock
According to Spark, TipRanks’ AI Analyst, GRYP is a Neutral.
Gryphon Digital Mining’s stock faces significant financial and operational challenges, reflected in a score of 49. While strategic shifts and a merger offer potential upside, the precarious financial position, high volatility, and delisting risks necessitate cautious optimism. Technical indicators show positive momentum, but overbought conditions suggest potential corrections.
To see Spark’s full report on GRYP stock, click here.
More about Gryphon Digital Mining
Gryphon Digital Mining, Inc. operates in the digital mining industry, focusing on cryptocurrency mining services.
Average Trading Volume: 11,554,637
Technical Sentiment Signal: Sell
Current Market Cap: $92.15M
See more insights into GRYP stock on TipRanks’ Stock Analysis page.