Analyzing Gryphon Digital Mining (NASDAQ:GRYP) and Soluna (NASDAQ:SLNH)

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

Analyst Ratings

This is a summary of current recommendations and price targets for Soluna and Gryphon Digital Mining, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Soluna	0	0	0	0	0.00
Gryphon Digital Mining	0	1	0	0	2.00

Valuation and Earnings

This table compares Soluna and Gryphon Digital Mining”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Soluna	$39.87 million	0.48	-$29.20 million	($14.56)	-0.16
Gryphon Digital Mining	$7.69 million	3.01	-$11.58 million	N/A	N/A

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Soluna	-75.30%	-45.29%	-24.41%
Gryphon Digital Mining	N/A	N/A	-133.06%

Risk and Volatility

Soluna has a beta of 2.89, meaning that its share price is 189% more volatile than the S&P 500. Comparatively, Gryphon Digital Mining has a beta of 2.4, meaning that its share price is 140% more volatile than the S&P 500.

Insider and Institutional Ownership

23.2% of Soluna shares are owned by institutional investors. Comparatively, 10.2% of Gryphon Digital Mining shares are owned by institutional investors. 27.3% of Soluna shares are owned by insiders. Comparatively, 11.7% of Gryphon Digital Mining shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

About Soluna

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. The company was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. Soluna Holdings, Inc. was incorporated in 1961 and is headquartered in Albany, New York.

About Gryphon Digital Mining

Gryphon Digital Mining, Inc. operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.