Gryphon Digital Mining Director Makes Major Stock Sale!

New insider activity at Gryphon Digital Mining ( (GRYP) ) has taken place on May 21, 2025.

Director Daniel George Tolhurst has recently sold 329,257 shares of Gryphon Digital Mining stock, amounting to a total value of $441,204.

Recent Updates on GRYP stock

Gryphon Digital Mining has announced a merger with American Bitcoin Corp., aiming to create a leading Bitcoin mining company. This strategic move is expected to enhance Gryphon’s market position by providing its stockholders with equity in a public vehicle focused on becoming a major player in the Bitcoin mining sector. The merger will result in Gryphon stockholders owning approximately 2% of the newly formed company, while American Bitcoin stockholders will own about 98%. Additionally, Gryphon has received an extension from the Nasdaq Hearing Panel to regain compliance with Nasdaq Listing Rules until September 2, 2025, following previous notifications of non-compliance. These developments reflect Gryphon’s strategic shifts amidst significant financial challenges and operational losses, with the ongoing Nasdaq delisting threat and overbought market conditions suggesting cautious optimism.

Spark’s Take on GRYP Stock

According to Spark, TipRanks’ AI Analyst, GRYP is a Neutral.

Gryphon Digital Mining’s stock faces significant financial and operational challenges, reflected in a score of 49. While strategic shifts and a merger offer potential upside, the precarious financial position, high volatility, and delisting risks necessitate cautious optimism. Technical indicators show positive momentum, but overbought conditions suggest potential corrections.

To see Spark’s full report on GRYP stock, click here.

More about Gryphon Digital Mining

YTD Price Performance: 232.50%

Average Trading Volume: 10,487,046

Technical Sentiment Signal: Sell

Current Market Cap: $96.5M