Gryphon Digital Mining Inc (GRYP)

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What the price of the warrant is telling you is that the common will eventually collapse. No real long term buyer would be buying kern common with the warrants at 2 1/2. The common is being propped up by short term weak money day trading holders who will eventually move on.
Warrants are not currently exercisable but will be in about three weeks and common will fall apart. Private placement stock will also free up I think 30 days after closing or about 3 weeks now.
Kern will do what phun,orgo,hunt, peck all have done, which is collapse.
Short term who knows, but longer term do not believe that this one will be different.