tiprankstipranks
Gryphon Digital Mining, Inc (GRYP)
:GRYP
US Market
Holding GRYP?
Track your performance easily

Gryphon Digital Mining (GRYP) Stock Price & Analysis

444 Followers

GRYP Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
Energy CostsGryphon Digital Mining secures extremely low-cost power at $0.01 per kWh, owning the power source outright, which could significantly reduce operational expenses.
ExpansionGryphon's acquisition of three Louisiana sites with a combined capacity of 2.9MW positions them to potentially increase their power output from 59Ph/s to between 190-215Ph/s, showcasing a substantial upgrade in operational capability.
Growth In Hash RateGryphon's Coinmint-hosted fleet is on track to grow its hash rate from 0.94Eh/s to 1.5Eh/s, indicating a promising increase in mining efficiency and capacity.
Bears Say
Management ChangesSudden management shake-up does not change immediate fundamentals; Gryphon Digital Mining announced a shuffling at the top with long-term CEO and one of the five original company co-founders, Rob Chang, displaced by Steve Gutterman, a board member.
Speculative Investment RiskInvestment in Gryphon pushes the boundaries of speculative, given risks of investment that include all those associated with volatile cryptocurrencies, including hash rate and price, while also including hacking and other exposures exclusive to digital activities.
Stock Price And Legal RisksInvestors should recognize a residual legal overhang and debt level with the stock flirting below the $1.00 per share level, that might compound the risk of de-listing.
---

Financials

Annual

Ownership Overview

25.99%<0.01%0.10%73.75%
25.99% Insiders
0.10% Other Institutional Investors
73.75% Public Companies and Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

GRYP FAQ

What was Gryphon Digital Mining, Inc’s price range in the past 12 months?
Gryphon Digital Mining, Inc lowest stock price was $0.35 and its highest was $8.43 in the past 12 months.
    What is Gryphon Digital Mining, Inc’s market cap?
    Gryphon Digital Mining, Inc’s market cap is $30.11M.
      When is Gryphon Digital Mining, Inc’s upcoming earnings report date?
      Gryphon Digital Mining, Inc’s upcoming earnings report date is Apr 07, 2025 which is in 78 days.
        How were Gryphon Digital Mining, Inc’s earnings last quarter?
        Gryphon Digital Mining, Inc released its earnings results on Nov 13, 2024. The company reported -$0.15 earnings per share for the quarter, beating the consensus estimate of -$0.16 by $0.01.
          Is Gryphon Digital Mining, Inc overvalued?
          According to Wall Street analysts Gryphon Digital Mining, Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Gryphon Digital Mining, Inc pay dividends?
            Gryphon Digital Mining, Inc does not currently pay dividends.
            What is Gryphon Digital Mining, Inc’s EPS estimate?
            Gryphon Digital Mining, Inc’s EPS estimate is -0.16.
              How many shares outstanding does Gryphon Digital Mining, Inc have?
              Gryphon Digital Mining, Inc has 68,996,140 shares outstanding.
                What happened to Gryphon Digital Mining, Inc’s price movement after its last earnings report?
                Gryphon Digital Mining, Inc reported an EPS of -$0.15 in its last earnings report, beating expectations of -$0.16. Following the earnings report the stock price went down -10.526%.
                  Which hedge fund is a major shareholder of Gryphon Digital Mining, Inc?
                  Currently, no hedge funds are holding shares in GRYP
                  ---

                  Company Description

                  Gryphon Digital Mining, Inc

                  Akerna Corp. is cannabis compliance, inventory tracking technology company. It engages in the provision of enterprise resource planning technology. Its products enable cannabis businesses and government agencies to manage the cannabis supply chain from seed-to-sale and collect and synthesize valuable data. The company was founded IN 2010, and is headquartered in Denver, CO.
                  ---

                  GRYP Earnings Call

                  Q3 2022
                  0:00 / 0:00
                  Earnings Call Sentiment|Neutral
                  The earnings call highlighted significant strategic moves, including leadership enhancement, debt restructuring, and AI expansion plans, which are positive indicators of future growth and stability. However, the company faced challenges with decreased Bitcoin mining revenue and increased breakeven costs. Despite these lowlights, the improved adjusted EBITDA and strategic positioning suggest a cautiously optimistic outlook.Read More>
                  ---
                  Similar Stocks
                  Company
                  Price & Change
                  Follow
                  Canopy Growth
                  Cronos Group
                  Tilray
                  Aurora Cannabis
                  Palantir Technologies
                  Tesla
                  Popular Stocks
                  ---
                  What am I Missing?
                  Make informed decisions based on Top Analysts' activity
                  Know what industry insiders are buying
                  Get actionable alerts from top Wall Street Analysts
                  Find out before anyone else which stock is going to shoot up
                  Get powerful stock screeners & detailed portfolio analysis