Gryphon Digital Mining, Inc. (GRYP)
$
0.99
-0.11 (-11.11%)
Key metrics
Financial statements
Free cash flow per share
-0.0951
Market cap
72.1 Million
Price to sales ratio
5.5265
Debt to equity
-0.6958
Current ratio
0.3540
Income quality
0.3556
Average inventory
0
ROE
1.3328
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Gryphon Digital Mining, Inc., formerly known as Ivy Crypto, Inc., engages in carbon-neutral bitcoin mining and was incorporated in 2020, with its headquarters located in Las Vegas, Nevada. The financial data pertains to the fiscal year 2024. The company recorded an operating income of -$17,747,000.00 reflecting its earnings from core operations, while it reported an income before tax of -$21,300,000.00 showcasing its pre-tax profitability. The gross profit ratio is 0.23 illustrating the efficiency of the company's production and sales operations. Additionally, the company earned an interest income of $0.00 underscoring its financial investments and further diversifying its revenue streams. This performance indicates a solid foundation as Gryphon Digital Mining continues to expand within its niche market. In terms of investment potential, the stock is affordable at $0.99 making it suitable for budget-conscious investors. The stock has an average trading volume of 11,542,082.00 indicating moderate liquidity and providing reasonable opportunities for trading. With a market capitalization of $72,115,098.00 the company is classified as a small-cap player in the financial landscape. It is a key player in the Financial - Capital Markets industry, contributing significantly to the overall market landscape and demonstrating its commitment to sustainability and innovative practices. Furthermore, Gryphon Digital Mining belongs to the Financial Services sector, driving innovation and growth within the sector and appealing to investors interested in environmentally friendly technologies.
Investing in Gryphon Digital Mining, Inc. (GRYP) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C, with a Bearish outlook. Always conduct your own research before investing.
Analysts predict Gryphon Digital Mining, Inc. stock to fluctuate between $0.13 (low) and $2.93 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-05-30, Gryphon Digital Mining, Inc.'s market cap is $72,115,098, based on 72,557,700 outstanding shares.
Compared to Meta Platforms, Inc. Class A Common Stock, Gryphon Digital Mining, Inc. has a Lower Market-Cap, indicating a difference in performance.
To buy Gryphon Digital Mining, Inc. (GRYP) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for GRYP. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Gryphon Digital Mining, Inc.'s last stock split was 1:20 on 2024-02-09.
Revenue: $20,539,000 | EPS: -$0.51 | Growth: 8.51%.
Visit https://gryphondigitalmining.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $8.43 (2024-02-09) | All-time low: $0.13 (2025-04-09).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
investopedia.com
Eric Trump-backed bitcoin miner American Bitcoin announced that it would become a publicly-traded company through a merger with another Bitcoin miner, Gryphon Digital Mining (GRYP). Shares of Gryphon skyrocketed 285% to $2.00 on the news.
accessnewswire.com
Transaction expected to provide Gryphon stockholders equity in a public vehicle with the goal of building the world's largest, most efficient pure-play Bitcoin miner alongside a robust strategic Bitcoin reserve LAS VEGAS, NEVADA / ACCESS Newswire / May 12, 2025 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon," the "Company," "we," "our," and "us"), an innovative venture in the Bitcoin mining space, announced today that it has entered into a definitive merger agreement with American Bitcoin Corp. ("American Bitcoin"), a Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone, pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction. Upon closing, the combined company will operate under the American Bitcoin brand, led by the management and board of directors of American Bitcoin.
accessnewswire.com
LAS VEGAS, NV / ACCESS Newswire / March 11, 2025 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, entered into a settlement and release agreement (the "Settlement Agreement") with Sphere 3D Corp. ("Sphere") on mutually acceptable terms. No payments were made under the Settlement Agreement, which fully resolves all pending litigation between Gryphon and Sphere, and provides for a full release of Gryphon from any known or unknown and unsuspected claims.
accessnewswire.com
LAS VEGAS, NEVADA / ACCESS Newswire / January 31, 2025 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, today announced that the Company has authorized the establishment of a strategic Bitcoin reserve program as part of its comprehensive capital strategy. The initiative follows Gryphon's recent transformative definitive agreements to strengthen the balance sheet and acquire major assets, including: Restructured $18.0 million Bitcoin debt by converting $13.0 million to equity at $1.10/share, reducing debt to $5.0 million with Anchorage Digital becoming largest shareholder and board member.
accessnewswire.com
LAS VEGAS, NV / ACCESS Newswire / January 27, 2025 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, today announced the acquisition of 1,900 S19JPro series machines with an extended warranty from RepairBit LLC ("RepairBit") at a 20% discount to market rates provided by Hashrate Index. This purchase will increase Gryphon's mining fleet by approximately 22%, from 8,500 to 10,400 machines, strengthening the company's position in the bitcoin mining sector.
accesswire.com
LAS VEGAS, NV / ACCESSWIRE / January 14, 2025 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, today announced that it has signed a non-brokered offering of its common stock for total gross proceeds of approximately $2.85 million on January 13, 2025. The offering saw 100% participation from the management team and a majority of the board members, demonstrating strong internal confidence in the Company's strategic direction.
accesswire.com
Groundbreaking acquisition of major energy site in Southern Alberta expected to catapult Gryphon into elite tier of global computing infrastructure providers Acquisition Highlights Include: Massive 850 industrial zoned acreage with access to dual natural gas supply, grid connection, non-potable water resources, and dual high-speed fiber connection providers World class carbon capture and sequestration capabilities on-site can make this a truly green source of energy combined with redundant sources of power Expansive footprint expected to allow up to 4GW of total capacity; up to ~130MW anticipated by the end of 2026 Experienced technical team comes with the asset and has over 100 years of combined industry expertise, led by Harry Andersen (former COO of Pembina Pipeline) LAS VEGAS, NV / ACCESSWIRE / January 10, 2025 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, has signed a definitive agreement to acquire Captus Energy's 850-acre industrial site in Southern Alberta, Canada, which the Company believes will enable a substantial expansion into AI and high-performance computing (HPC) data center infrastructure. The acquired asset has the potential to scale to 4 gigawatts (GW) of reliable, sustainable power generation capacity through gas to power generation and carbon sequestration on site.
accesswire.com
Signed definitive agreement for natural gas assets, securing low-cost power of 100 MW, expandable and scalable to 1 GW Appointed energy industry veteran Eric Gallie as SVP of Energy Strategy LAS VEGAS, NV / ACCESSWIRE / December 13, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, has released its unaudited operational update for November 2024. Steve Gutterman, CEO of Gryphon Digital Mining commented, "We're pleased to release November results and share that December has been a pivotal month for our energy strategy.
accesswire.com
LAS VEGAS, NEVADA / ACCESSWIRE / December 12, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, today announced Eric Gallie's appointment as Senior Vice President of Energy Strategy, effective immediately. In his new role, Mr.
accesswire.com
Pending acquisition is expected to deliver: Natural gas asset in Canada with 5+ Tcf of contingent resource Phase 1 power generation of 100 MW with expansion potential up to 1 GW All in energy costs of less than $0.03/KWH LAS VEGAS, NV / ACCESSWIRE / December 10, 2024 / Gryphon Digital Mining, Inc. (Nasdaq:GRYP) ("Gryphon" or the "Company"), an innovative venture in the bitcoin and AI space dedicated to helping bring digital assets to the market, announced today that it has entered into a definitive agreement with Erikson National Energy Inc. to acquire natural gas assets currently in insolvency located in Northeast British Columbia, Canada. The signing represents a crucial and first step for the Company in securing long-term competitive advantages in bitcoin mining and AI operations by acquiring significant power-generating assets.
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