Head to Head Survey: Hut 8 (NASDAQ:HUT) versus Gryphon Digital Mining (NASDAQ:GRYP)

Hut 8 (NASDAQ:HUT) and Gryphon Digital Mining (NASDAQ:GRYP) are both small-cap finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, risk, valuation, dividends, analyst recommendations, profitability and earnings.

Earnings and Valuation

This table compares Hut 8 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
Hut 8	$115.90 million	5.57	-$186.77 million	($2.75)	-2.63
Gryphon Digital Mining	$6.84 million	8.40	-$11.58 million	($142.00)	-0.01

Gryphon Digital Mining has lower revenue, but higher earnings than Hut 8. Hut 8 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.

Institutional & Insider Ownership

31.8% of Hut 8 shares are owned by institutional investors. Comparatively, 10.2% of Gryphon Digital Mining shares are owned by institutional investors. 1.2% of Gryphon Digital Mining shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Hut 8 and Gryphon Digital Mining’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hut 8	-184.31%	-24.58%	-20.69%
Gryphon Digital Mining	-339.99%	N/A	-162.80%

Analyst Ratings

This is a summary of recent ratings and price targets for Hut 8 and Gryphon Digital Mining, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hut 8	1	1	3	0	2.40
Gryphon Digital Mining	0	0	0	0	N/A

Hut 8 presently has a consensus target price of $12.40, suggesting a potential upside of 71.27%. Given Hut 8’s higher possible upside, research analysts plainly believe Hut 8 is more favorable than Gryphon Digital Mining.

Volatility and Risk

Hut 8 has a beta of 3.91, indicating that its stock price is 291% more volatile than the S&P 500. Comparatively, Gryphon Digital Mining has a beta of 2.81, indicating that its stock price is 181% more volatile than the S&P 500.

Summary

Hut 8 beats Gryphon Digital Mining on 8 of the 13 factors compared between the two stocks.

About Hut 8

Hut 8 Corp. provides digital asset mining and high-performance computing infrastructure solutions in Canada. It operates computing infrastructure sites mines Bitcoin, as well as delivers cloud, colocation, and computing services to enterprise customers. The company was founded in 2017 and is based in Miami, Florida.

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.