Gryphon Digital Mining Inc (GRYP)

[royzim]

The warrant's exercise price is $11.50 and there's over 3 years before they expire. You could run a Black-Scholes to determine the theoretical price but it sure seems like the warrants are underpriced especially considering KERN's volatility.

For example, this morning when KERN hit $12.50, the warrants were $1 in the money but were trading at $0.98/$1.00. The 3+ years of time premium was valued at zero.

I don't know if the warrants should be trading at $3 but at this price level, they're a bargain. I started buying the warrants two weeks ago at 50 cents and finished off my position today at 95 cents.