Gryphon Digital Mining (GRYP) AI Stock Analysis

• Market Cap: $100.13M
• Dividend Yield: N/A
• Average Volume (3M): 9.48M
• Price to Earnings (P/E): ―
• Beta (1Y): 4.50
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 3
• Sector: Healthcare
• Sector Strength: 39
• Industry: Financial - Capital Markets
• EPS (TTM): N/A
• Shares Outstanding: 72,557,720
• 10 Day Avg. Volume: 18,421,250
• 30 Day Avg. Volume: 9,482,616
• PEG Ratio: -0.06
• Price to Book (P/B): -59.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -18.79
• Enterprise Value/Market Cap: 2.93
• Enterprise Value/Revenue: 3.71
• Enterprise Value/Gross Profit: 60.96
• Enterprise Value/Ebitda: -7.28
• 1Y Price Target: $1.00
• Price Target Upside: -31.97% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 52 Neutral
• Price Target: $1.00 ▼(-31.97%Downside)

Gryphon Digital Mining's overall stock score is 53, driven primarily by its substantial financial challenges and weak valuation metrics. However, recent corporate events such as the merger and Nasdaq compliance have positively impacted the stock's outlook. Technical analysis also indicates moderate positive sentiment, though caution is warranted due to financial instability.

Positive Factors

Asset Development

American Bitcoin's scale and access to capital provide a greater chance of successfully developing Gryphon's assets.

Strategic Partnership

The partnership with American Bitcoin, led by a CEO with a strong background at Hut, presents a promising opportunity for Gryphon.

Negative Factors

Financial Performance

Gryphon Digital Mining reported its full-year 2024 sales of $20.5M, down from 2023's $21.1M on declining bitcoin mining economics.

Speculative Risks

Despite the promising link-up with American Bitcoin, Gryphon still faces high speculative risks due to its exposure to volatile cryptocurrencies and the lack of signed HPC deals.

Valuation Uncertainty

There remains uncertainty about Gryphon's valuation due to multiple contributing factors, making it challenging to decide on changing the current investment stance.

Gryphon Digital Mining Business Overview & Revenue Model

Company Description

Gryphon Digital Mining (GRYP) is a forward-thinking cryptocurrency mining company focused on environmentally sustainable operations. Operating in the technology and financial sectors, Gryphon leverages cutting-edge mining hardware and renewable energy strategies to mine various digital currencies, with a primary focus on Bitcoin. The company's mission is to lead in the digital currency mining industry while minimizing its carbon footprint.

How the Company Makes Money

Gryphon Digital Mining generates revenue primarily through the mining of cryptocurrencies, predominantly Bitcoin. The company utilizes advanced mining rigs and green energy solutions to efficiently solve cryptographic puzzles, which in turn allows them to earn block rewards and transaction fees in the form of cryptocurrency. These mined currencies are either held as assets or sold on cryptocurrency exchanges to convert into fiat money. Gryphon's revenue model is heavily influenced by the market prices of cryptocurrencies, the difficulty of mining, and their operational efficiency in terms of energy consumption. The company may also engage in strategic partnerships or initiatives that enhance its mining capabilities and sustainability goals, thereby contributing to its revenue streams.

Gryphon Digital Mining Financial Statement Overview

Summary

Gryphon Digital Mining faces significant financial challenges. Despite revenue growth, profitability metrics are weak with negative EBIT and EBITDA margins. The balance sheet is precarious with negative equity, and while cash flow has improved, it remains negative overall.

Income Statement

Gryphon Digital Mining has experienced volatility in revenue and profitability. The revenue growth from 2023 to 2024 was significant, but the company has struggled to maintain consistent gross profit margins. Both EBIT and EBITDA margins are negative, indicating operational challenges. The net profit margin remains negative, highlighting ongoing financial difficulties.

Balance Sheet

The company's balance sheet shows signs of instability, with negative stockholders' equity indicating a potential risk of insolvency. The absence of debt in 2024 suggests a reduction in leverage, but the negative equity position raises concerns about financial health. The equity ratio is negative, underscoring the precarious financial position.

Cash Flow

Gryphon Digital Mining's cash flow statement reflects some positive changes, such as a significant increase in operating cash flow in 2024. However, free cash flow remains negative, and the company has faced challenges in generating consistent cash flows. The operating cash flow to net income ratio indicates substantial cash flow relative to net losses, suggesting potential for improvement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.61M	20.54M	6.84M	10.46M	17.63M	15.65M
Gross Profit	4.82M	4.72M	-6.63M	1.12M	5.02M	5.35M
EBITDA	-6.25M	-9.21M	-7.45M	-41.70M	-19.92M	-29.50M
Net Income	-15.84M	-21.30M	-11.79M	-79.06M	-31.33M	-33.91M
Balance Sheet
Total Assets	8.98M	7.63M	18.83M	19.47M	94.48M	77.17M
Cash, Cash Equivalents and Short-Term Investments	367.00K	850.00K	1.32M	7.88M	13.09M	18.34M
Total Debt	5.33M	5.60M	14.87M	14.61M	17.30M	15.60M
Total Liabilities	16.64M	14.64M	19.43M	24.29M	34.53M	19.64M
Stockholders Equity	-7.66M	-7.01M	-599.00K	-4.83M	59.95M	57.53M
Cash Flow
Free Cash Flow	-6.71M	-4.47M	1.12M	-15.28M	-13.63M	-10.57M
Operating Cash Flow	-5.63M	-3.40M	3.01M	-10.90M	-8.17M	-8.71M
Investing Cash Flow	-4.53M	-2.75M	-2.25M	-3.97M	-10.49M	-7.14M
Financing Cash Flow	8.74M	5.96M	-109.00K	8.64M	14.74M	9.53M

Gryphon Digital Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.47
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GRYP, the sentiment is Positive. The current price of 1.47 is above the 20-day moving average (MA) of 1.03, above the 50-day MA of 0.96, and above the 200-day MA of 0.56, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 68.88 is Neutral, neither overbought nor oversold. The STOCH value of 81.27 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GRYP.

Gryphon Digital Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BTBT	59 Neutral	$1.06B	8.82	-23.29%	―	53.68%	-265.12%
MARA	55 Neutral	$6.17B	9.58	-10.61%	―	40.57%	-152.87%
GRYP	52 Neutral	$100.13M	―	173.25%	―	―	―
Sector *	52 Neutral	$7.53B	0.20	-61.87%	2.28%	16.72%	1.10%
MIGI	50 Neutral	$9.94M	―	-461.16%	―	-0.67%	65.35%
GREE	48 Neutral	$25.94M	―	22.29%	―	-20.28%	48.08%
ARBK	37 Underperform	$19.03M	―	242.25%	―	―	―

Gryphon Digital Mining Corporate Events

Gryphon Digital Mining Announces Director Resignation

On June 10, 2025, Gryphon Digital Mining announced the resignation of Mr. Dan Tolhurst as a director, effective June 12, 2025. His resignation was not due to any disagreements with the company’s operations, policies, or practices.

Gryphon Digital Mining Regains Nasdaq Compliance

On May 9, 2025, Gryphon Digital Mining entered into a merger agreement with American Bitcoin Corp. to form a combined company, which is expected to enhance their market positioning in the digital asset mining sector. Additionally, Gryphon regained compliance with Nasdaq listing requirements as of June 6, 2025, ensuring its continued presence on the Nasdaq Capital Market, which is crucial for maintaining investor confidence and market stability.

Gryphon Digital Mining Assigns Captus Agreement Rights

On June 2, 2025, Gryphon Digital Mining, Inc. and its subsidiary assigned their rights and obligations under the Captus Agreement to 2703444 Alberta Ltd., with mutual releases of liabilities. The Captus Management Team’s inducement shares were revoked as part of the agreement, and a conditional payment was arranged based on future power purchase contracts.

Gryphon Digital Mining Approves Share Increase and Split

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.

Gryphon Digital Mining Announces Merger with American Bitcoin

On May 9, 2025, Gryphon Digital Mining announced a merger agreement with American Bitcoin Corp., aiming to create a leading Bitcoin mining company. The merger will result in Gryphon stockholders owning approximately 2% of the newly formed company, while American Bitcoin stockholders will own about 98%. The combined entity will operate under the American Bitcoin brand and is expected to trade on Nasdaq under the ticker ‘ABTC’. This strategic move is anticipated to enhance Gryphon’s market position and provide its stockholders with equity in a public vehicle focused on becoming a major player in the Bitcoin mining sector.

Gryphon Digital Mining Granted Nasdaq Compliance Extension

Gryphon Digital Mining received an extension from the Nasdaq Hearing Panel on April 30, 2025, to regain compliance with Nasdaq Listing Rules until September 2, 2025. The extension is contingent on achieving specific milestones, following previous notifications of non-compliance with minimum bid price and market value requirements. The company had appealed the potential delisting of its securities, with a hearing held on April 15, 2025.