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Gryphon Digital Mining ( (GRYP) ) just unveiled an update.
Gryphon Digital Mining, Inc. has been notified by Nasdaq that its stock price has fallen below the $1.00 minimum bid requirement over the past 30 days, putting its listing at risk. The company has until March 4, 2025, to remedy this by maintaining a closing bid price of at least $1.00 for ten consecutive days. Failure to comply could lead to delisting, but Gryphon is considering strategies, such as a reverse stock split, to regain compliance. Concurrently, Gryphon has updated its investor presentation online, emphasizing its commitment to environmentally responsible bitcoin mining and its strong leadership team, without the new information being considered filed for regulatory purposes.
See more data about GRYP stock on TipRanks’ Stock Analysis page.