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Top idea to watch as Bitcoin makes new highs

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ragingbull.com

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bright-ideas-newsletter@mail.beehiiv.com

Sent On

Mon, Mar 11, 2024 02:03 PM

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The perfect time to see this one… ?

The perfect time to see this one…                                                                                                                                                                                                                                                                                                                                                                                                                 March 11, 2024 Top idea to watch as Bitcoin makes new highs *Promoted by Sideways Frequency GRYP is a Fresh IPO Bitcoin Mining Company that is Poised to Capitalized on the Recent Frenzy It seems that everywhere we look at the media right now, we are reminded that “Bitcoin is back to all-time highs!” A quick look at stocks like MARA, COIN, or MSTR, you can see they are trading at astronomical prices right now. Those stocks were a great investment months ago, but I am not so sure about today. In fact, you recall, Coinbase (COIN) was my top idea just a few weeks ago at $170… today, it is trading over $270. There is a new stock in this sector that recently went public that I think you need to get on your radar. With Bitcoin once again surging higher today…  I can’t think of a better time to look at Gryphon Digital Mining (GRYP) than right now. GRYP announced its [debut listing on the Nasdaq]( just around a month ago. I don’t know the reason, but it seems to have been lost in the shuffle with traders in a frenzy over AI stocks lately. The momentum has clearly shifted towards crypto once again, and I think right now is the perfect time to take a hard look at GRYP. While the stock hasn’t been trading for too long, if you notice, around a week after the IPO the price dropped to right around where it is today. Over the next week or so, it made a 100% move higher from that level. While it has drifted back under $2 over the last week, I think it is an incredible opportunity to consider right now. With other stocks in this sector trading at nose-bleed prices, it just makes sense to me that people will start to catch on to what GRYP is doing, and that has to be good for the price when it does. In fact, just compare GRYP with industry “sweetheart,” Marathon Digital (MARA). You will be shocked to see how closely GRYP compares with MARA on so many levels, but when you look at the valuation right now – you’ll be shocked! 😱 Right now, MARA is valued at around 100x what you can get GRYP right now. Basically, GRYP is trading at just a fraction of what its peers are right now, which makes it irresistible to me. I don’t expect that gap to last too long, especially when you dig into the considerable assets that GRYP has put together. In a nutshell, Gryphon Digital Mining, Inc. (GRYP) is a Bitcoin mining company that uses exclusively renewable energy. For those who don’t know, bitcoin mining is the process of creating a new Bitcoin by solving a computational puzzle. GRYP’s operation is based on the St. Lawrence River in upstate New York, enabling its energy-intensive “mining” computers to run on 100% hydropower. The company is so environmentally conscious that it’s actually carbon-negative. It even purchases carbon credits to offset its employees’ travel and delivery of its machines. Last year, the company was [the first Bitcoin miner to receive]( the Green Proofs for Bitcoin certification from the independent non-profit Energy Web. This is critical for large asset managers with an ESG approach. But even with its focus on clean energy, GRYP is one of the most efficient miners in the game… Since its inception, the company has ranked in the top three of its publicly declared peers. In 2023, it ranked first among peers for nine months and second for three months: GRYP has secured 28 megawatts of power for its approximately 9,000 mining machines. In 2023, the company [produced]( 788 bitcoin-equivalent coins. At the present valuation, that’s roughly $55 million in crypto. In an [interview]( with BNN Bloomberg, CEO Rob Chang said that in the first three quarters of the year, each bitcoin cost GRYP only $16,000 – that is huge margin compared to the current price. Mr. Chang also pointed out that bitcoin mining companies expose investors to the potential growth of the mining operation. Of course, that growth will come down to whether the operation is being managed by the right people, and GRYP leadership certainly has the right pedigrees: - CEO Rob Chang previously served as the CFO of Riot Blockchain (RIOT), which has a $3.13B market cap. - Its CFO, Sim Salzman, was the CFO of Marathon Digital Holdings (MARA), $6.28B market cap. - Its CTO, Chris Ensey, is the former CEO & COO of Riot Blockchain. The company only started trading on the NASDAQ last month, and Mr. Chang said that the company is now “[looking] forward to the opportunity to aggressively expand through machine purchases and M&A opportunities.” He’s especially looking to capitalize on the upcoming Bitcoin “[Halving]( in April as he believes many Bitcoin miners aren’t well situated for the reduced rewards they’ll get after that event. That could mean attractive acquisition opportunities for GRYP. No matter what you do with any investment, make sure you have a solid game plan in place that fits your unique risk tolerance. Only invest what you can comfortably afford to lose and set up proper targets for limiting losses and taking profits. Bottom line: With the epic surge for coin prices right now, investors appear to be scrambling to get their hands on stocks that and give them exposure to the sector. As a recent IPO that many traders have overlooked, I think GRYP is a truly unique opportunity to watch today. Make sure you don’t miss out! To Your Success, 👊 Make sure you are getting my mobile text alerts –  text “RAGE” to 1-(888) 404-5747 to get all of my latest HOT STOCK ideas delivered right to your phone (make sure you put the “1” at the front!). Don’t miss out! *Sponsored content/paid advertisement. This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results. Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull DISCLAIMERS *PAID ADVERTISEMENT. Raging Bull has currently been paid twenty thousand dollars from Sideways Frequency who was compensated by a third party not affiliated with the Company for advertising Gryphon Digital Mining, Inc for a one day marketing program. The third party, Company, or their affiliates may own and likely wish to liquidate shares of the Company at or near the time you receive this advertisement, which has the potential to hurt share prices. This advertisement and other marketing efforts, including alerts, may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of Gryphon Digital Mining, Inc, increased trading volume, and possibly an increased share price of Gryphon Digital Mining, Inc’s securities, which may or may not be temporary and decrease once the marketing arrangement has ended. As a result of this advertisement and other marketing efforts, Raging Bull may receive advertising revenue from new advertisers and collect email addresses from readers that it may be able to monetize. As of the date of the issuance of this advertisement, the owners of Raging Bull do not hold a position in Gryphon Digital Mining, Inc, though they reserve the right to buy or sell shares in the covered company at any time following the dissemination of this communication. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. This advertisement is for educational and informational purposes only. All material information contained in this advertisement is based on information generally available to the public, which public information is believed to be reliable and accurate. Nevertheless, Raging Bull cannot guarantee the accuracy or completeness of the information. This advertisement does not purport to be a complete analysis of any company’s financial position. This advertisement or any statements made in it is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular individual. The statements made in this advertisement should NOT be relied upon for purposes of investing in the companies mentioned in this advertisement, nor should they be construed as a personalized recommendation to you to buy, sell, or hold any position in any security mentioned in this advertisement or in any other security or strategy. It is strongly recommended that you consult a licensed or registered professional before making any investment decision. SUBSTANTIAL RISK INVOLVED. Any individual who chooses to invest in any securities of the companies mentioned in this advertisement should do so with caution. Investing or transacting in any securities involves substantial risk; you may lose some, all, or possibly more than your original investment. Readers of this advertisement bear responsibility for their own investment research and decisions, and should use information from this advertisement only as a starting point for doing additional independent research in order to allow individuals to form their own opinion regarding investments. It is easy to lose money investing or trading, and we recommend always seeking individual advice from a licensed or registered professional and educating yourself as much as possible before considering any investments. Our reports/releases are a commercial advertisement and are for general information purposes ONLY. A portion of our business is engaged in the marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The disclaimer is to be read and fully understood before using our services, joining our site or our email/blog list as well as any social networking platforms we may use. A portion of RagingBull’s business model is to receive financial compensation to promote public companies. To conduct investor relations advertising, marketing and publicly disseminate information not limited to our websites, email, SMS, push notifications. This compensation is a major conflict of interest in our ability to provide unbiased reporting. Therefore, this communication should be viewed as a commercial advertisement only. Note, we periodically conduct interviews and issue stock alerts that we are not compensated for. These are purely for the purpose of company awareness, and to generate subscription revenues. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently, companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the corporate awareness program ceases. Our emails may contain forward-looking statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our website / media webpage. The information in our website / media webpage is believed to be accurate and correct but has not been independently verified and is not guaranteed to be correct. NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Raging Bull, or any of their owners, employees or independent contractors is not currently registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. USE OF FORWARD-LOOKING STATEMENTS. Certain statements made in this advertisement may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Forward-looking statements often include words such as “believes,” “anticipates,” “estimates,” “expects,” “projects,” “intends,” or other similar expressions of future performance or conduct. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made and are not statements of historical fact. They involve many risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. There is no guarantee that past performance will be indicative of future results. Raging Bull does not undertake an obligation to update forward-looking statements in light of new information or future events. Readers can and should review all public SEC filings made by the companies profiled in the Advertisements at https: // www. Sec. gov/ edgar/searchedgar /companysearch TRADEMARKS. All trademarks used in this advertisement are the property of their respective trademark holders and no endorsement by such owners of the contents of the advertisement is made or implied. 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