Analyzing Gryphon Digital Mining (NASDAQ:GRYP) and Greenidge Generation (NASDAQ:GREE)

Greenidge Generation (NASDAQ:GREE) and Gryphon Digital Mining (NASDAQ:GRYP) are both small-cap finance companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, valuation, risk, profitability, analyst recommendations, earnings and institutional ownership.

Institutional & Insider Ownership

8.5% of Greenidge Generation shares are held by institutional investors. Comparatively, 10.2% of Gryphon Digital Mining shares are held by institutional investors. 40.5% of Greenidge Generation shares are held by company insiders. Comparatively, 1.2% of Gryphon Digital Mining shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Greenidge Generation and Gryphon Digital Mining’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Greenidge Generation	-41.92%	N/A	-27.21%
Gryphon Digital Mining	-339.99%	N/A	-162.80%

Earnings & Valuation

This table compares Greenidge Generation and Gryphon Digital Mining’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Greenidge Generation	$70.39 million	0.41	-$29.51 million	($37.93)	-0.08
Gryphon Digital Mining	$6.84 million	7.34	-$11.58 million	($142.00)	-0.01

Gryphon Digital Mining has lower revenue, but higher earnings than Greenidge Generation. Greenidge Generation is trading at a lower price-to-earnings ratio than Gryphon Digital Mining, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Greenidge Generation and Gryphon Digital Mining, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Greenidge Generation	0	0	0	0	N/A
Gryphon Digital Mining	0	0	0	0	N/A

Volatility & Risk

Greenidge Generation has a beta of 3.35, suggesting that its stock price is 235% more volatile than the S&P 500. Comparatively, Gryphon Digital Mining has a beta of 2.81, suggesting that its stock price is 181% more volatile than the S&P 500.

Summary

Greenidge Generation beats Gryphon Digital Mining on 6 of the 10 factors compared between the two stocks.

About Greenidge Generation

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW nameplate natural gas power generation facility. The company was founded in 1937 and is headquartered in Dresden, New York.

About Gryphon Digital Mining

Gryphon Digital Mining, Inc. engages in carbon-neutral bitcoin mining. Gryphon Digital Mining, Inc. was formerly known as Ivy Crypto, Inc. The company was incorporated in 2020 and is based in Las Vegas, Nevada.