Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Gryphon Digital Mining ( (GRYP) ) has shared an update.
American Bitcoin Corp., a Delaware corporation, has initiated an ‘at-the-market’ equity offering program through a Controlled Equity Offering Sales Agreement with multiple agents. On September 3, 2025, the company filed a prospectus supplement with the SEC, allowing the sale of Class A common stock worth up to $2.1 billion. The sales will be conducted using commercially reasonable efforts, with agents receiving up to 3% of the gross proceeds. This move could significantly impact the company’s financial strategy and market positioning by providing substantial capital for growth and operations.
The most recent analyst rating on (GRYP) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Gryphon Digital Mining stock, see the GRYP Stock Forecast page.
Spark’s Take on GRYP Stock
According to Spark, TipRanks’ AI Analyst, GRYP is a Neutral.
Gryphon Digital Mining’s overall score is primarily impacted by its weak financial performance, with significant operational and balance sheet challenges. However, positive technical indicators and recent corporate events, such as the merger and Nasdaq compliance, provide some optimism. The valuation remains unattractive due to negative earnings.
To see Spark’s full report on GRYP stock, click here.
More about Gryphon Digital Mining
Average Trading Volume: 8,605,676
Technical Sentiment Signal: Sell
Current Market Cap: $127.5M
For an in-depth examination of GRYP stock, go to TipRanks’ Overview page.