A Las Vegas-based finance company is turning heads so far during Monday morning after the company announced a stock repurchase program of up to $5 million.
Seeing that the company’s market cap is around $50 million, it’s no wonder that traders were extremely optimistic on the news as they bid up shares of Gryphon Digital Mining Inc. (Nasdaq:GRYP) cap during the premarket hours, causing shares to inevitably open up at $1.50/share (+10.29%) to start the week.
Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto the clean energy grid. With a talented leadership team coming from globally recognized brands, Gryphon is assembling thought leaders to improve digital asset network infrastructure. Its Bitcoin mining operation has a net carbon-negative strategy.
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