Gryphon Digital Mining (GRYP) AI Stock Analysis

• Market Cap: $115.81M
• Dividend Yield: N/A
• Average Volume (3M): 6.48M
• Price to Earnings (P/E): ―
• Beta (1Y): 4.54
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 3
• Sector: Financial
• Sector Strength: 71
• Industry: Financial - Capital Markets
• EPS (TTM): -0.07
• Shares Outstanding: 82,132,670
• 10 Day Avg. Volume: 5,433,728
• 30 Day Avg. Volume: 6,478,183
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.13
• Enterprise Value/Revenue: 1.04
• Enterprise Value/Gross Profit: 3.14
• Enterprise Value/Ebitda: -2.42
• 1Y Price Target: $1.00
• Price Target Upside: -29.08% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 51 Neutral
• Price Target: $1.00 ▼(-29.08% Downside)

Gryphon Digital Mining's overall score is primarily influenced by its financial challenges and the strategic merger with American Bitcoin. The financial instability is a significant concern, though the merger and technicals provide some optimism. Valuation remains unattractive due to losses and volatility.

Positive Factors

Access to Resources

Captus has many attributes that make it an attractive HPC development, including access to Alberta-plentiful natural gas and a unique carbon sequestration capability.

Partnership Opportunities

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

Strategic Direction

Gryphon's management is making a strategic change of direction to address the high-performance compute (HPC) market.

Negative Factors

Cryptocurrency Exposure

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.

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.

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 leading cryptocurrency mining company that focuses on sustainable and environmentally friendly mining practices. Operating primarily in the digital assets sector, Gryphon leverages renewable energy sources to power its mining operations, positioning itself as a green alternative in the rapidly evolving blockchain industry. The company specializes in Bitcoin mining and utilizes advanced technology and efficient processes to optimize its mining capabilities.

How the Company Makes Money

Gryphon Digital Mining generates revenue primarily through the mining of Bitcoin and other cryptocurrencies. The company operates mining farms that use high-performance hardware to solve complex mathematical problems, earning Bitcoin rewards for successful validations on the blockchain. Additionally, Gryphon capitalizes on the volatility and price appreciation of cryptocurrencies, which can significantly enhance its earnings. Key revenue streams include the direct sale of mined Bitcoin, potential partnerships with renewable energy providers to lower operational costs, and possible collaborations with other blockchain projects that can provide ancillary revenue opportunities. The company’s commitment to sustainability not only attracts environmentally-conscious investors but may also lead to incentives or partnerships that further bolster its financial performance.

Gryphon Digital Mining Financial Statement Overview

Summary

Gryphon Digital Mining is facing substantial financial challenges. Despite revenue growth, profitability metrics are weak with ongoing operational losses. The balance sheet's negative equity indicates financial instability, although reduced leverage is positive. Cash flow shows improvement, but remains fragile.

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	5.54M	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	-7.26M	-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: 1.41
• 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 1.41 is above the 20-day moving average (MA) of 1.21, above the 50-day MA of 1.14, and above the 200-day MA of 0.64, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 62.41 is Neutral, neither overbought nor oversold. The STOCH value of 80.64 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
Sector *	68 Neutral	$17.53B	11.67	10.43%	3.82%	9.93%	1.66%
BTBT	64 Neutral	$1.02B	8.82	-23.29%	―	53.68%	-265.12%
MARA	52 Neutral	$5.83B	14.11	18.26%	―	41.32%	-12.83%
GRYP	51 Neutral	$115.81M	―	173.25%	―	―	―
GREE	41 Neutral	$21.61M	―	22.29%	―	-18.74%	39.95%
MIGI	39 Underperform	$9.30M	―	-461.16%	―	-0.67%	65.35%
ARBK	37 Underperform	$21.43M	―	242.25%	―	-13.86%	-32.19%

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.