SPDR Dow Jones Industrial Average ETF

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Invesco QQQ Trust Series 1

Snap, Inc. operates as a technology company, which engages in the provision of a visual messaging application that was created to help people communicate through short videos and images. The company was founded by Frank Reginald Brown IV, Evan Thomas Spiegel, and Robert C. Murphy in 2010 and is headquartered in Santa Monica, CA.

Snap Inc - Ordinary Shares - Class A

Snap Inc

SNAP is trending as the stock flirts with the $8 mark, generating buzz around potential buyout news and excitement about its augmented reality developments. Community members are actively discussing options volume, possible gap fills, and speculating on whether the stock can sustain its upward momentum. Some are pointing to a possible deal with TikTok, while others highlight the company's innovative AI AR smart glasses.

Gorilla Technology Group, Inc. engages in the provision of video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology security solutions and services in Asia Pacific. It operates through the following segments: Video IoT, Security Convergence, and Other. The company was founded by Spincer Koh in May 2001 and is headquartered in London, the United Kingdom.

Gorilla Technology Group Inc

Gorilla Technology (GRRR) is trending following news of a signed $1.4 billion contract to build AI-powered data centers in Southeast Asia with Freyr, causing significant excitement in the community. While some express skepticism about the partnership and question the market's reaction, many believe GRRR is undervalued compared to its peers, considering the size of the contract relative to its market cap. The community is also anticipating potential catalysts from the upcoming O.N.E Amazon event.

StubHub

StubHub's IPO is drawing mixed reactions, with the stock trading below its IPO price and facing significant selling pressure, leading some to label it an "exit scam." The online ticket resale marketplace's performance is being heavily scrutinized by the community, with bearish sentiment focused on the company's profitability and competitive landscape.

Navitas Semiconductor Corp. engages in the development of ultra-efficient gallium nitride (GaN) semiconductors. Its GaN power ICs integrate GaN power with drive, control and protection to enable charging, power density, and energy savings for mobile, consumer, enterprise, eMobility and new energy markets. The company was founded by Daniel Kinzer, Nick Fichtenbaum, Gene Sheridan, and Jason Zhang on August 12, 2020 and is headquartered in Torrance, CA.

Navitas Semiconductor Corp

Navitas Semiconductor is trending as chatter revolves around its potential in AI data centers, due to its GaN and SiC technologies, and its partnership with NVIDIA. Community members are focused on speculation around news concerning its NVIDIA partnership, a new CEO's impact, and insider selling. Some traders speculate about a possible acquisition, while others are focused on insider trading activity.

Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. It provides online news services where users can select and rank web content. The firm also offers a personalized filter on the day's story, using previous votes to determine what new things the user might like to read. The company was founded by Steven Ladd Huffman and Alexis Ohanian on June 23, 2005 and is headquartered in San Francisco, CA.

Reddit Inc. - Ordinary Shares - Class A

Reddit Inc

Reddit is trending as discussions swirl around a potential AI content deal with Google and OpenAI, with some investors optimistic about future revenue growth. Community sentiment is divided, with some citing strong revenue growth and a potential squeeze while others express concerns over valuation and content moderation. Political opinions related to the platform are also fueling debate among traders.

Lyft, Inc. engages in the provision and management of an online social rideshare community platform. It offers access to a network of shared bikes and scooters for shorter rides and first mile and last-mile legs of multimodal trips, information about nearby public transit routes, and Lyft Rentals to offer riders a view of transportation options when planning any trip. The company was founded by Marcus Cohn, John Zimmer, Rajat Suri, Matt van Horn, and Logan Green in 2007 and is headquartered in San Francisco, CA.

Lyft Inc - Ordinary Shares Cls A

Lyft Inc

Lyft is trending as investors discuss its partnership with Waymo to launch autonomous ride-hailing in Nashville, sparking optimism about the company's future in mobility tech. Community members are eyeing the stock's potential breakout above the $23 resistance level, with some speculating about a possible acquisition amid the buzz around autonomous driving and expansion in Europe. Discussions also highlight Lyft's valuation relative to competitor Uber.

TOSHI

TOSHI.X is trending due to a recent listing on a major South Korean exchange, sparking excitement about increased accessibility and potential for significant gains, especially with possible futures listing on major exchanges. The community is actively discussing price targets and potential impact of upcoming news and rate cuts, with many expressing long-term bullish sentiment and anticipating a substantial surge in value. Some users highlight the partnership with Coinbase, while others point to technical indicators suggesting further upward movement.

JPOW - An AI Agent designed for DeFi protocol management, responsible for executing critical functions for stablecoin issuance and money market. The AI Agent will actively manage LTV, interest rates, liquidations and LP.  The purpose of JPOW is to act as an AI Agent designed for decentralized finance (DeFi) protocol management. Its primary goal is to autonomously and efficiently manage critical aspects of a stablecoin issuance system and a money market platform

JPOW AI

JPOW.X is trending amid speculation and excitement, with community members citing chart patterns and anticipating a pump. The upcoming Fed rate decision appears to be a key catalyst driving interest in this crypto. Traders are actively discussing potential opportunities, drawing comparisons to other cryptocurrencies like SOL.X and BTC.X.

Redwire Corp. manufactures and supplies space equipment. It offers critical space solutions and reliability components for the next generation space economy with IP for solar power generation and in-space 3D printing and manufacturing. It assists its customers in solving challenges of future space missions. The company was founded in 2020 and is headquartered in Jacksonville, FL.

Redwire Corporation

Redwire Corp

Redwire is trending due to concerns about a potential block sale by Bain Capital, leading to a price dip and active discussions around its legitimacy and impact. The community is debating whether this is a strategic liquidity move or a sign of deeper issues, with some hoping for a short squeeze and others viewing it as a buying opportunity. Overall sentiment is mixed, with longs remaining optimistic about the company's long-term prospects in the space sector.

D-Wave Quantum, Inc. engages in the development and delivery of quantum computing systems, software, and services. It provides customers with access to the company’s quantum computing systems via the cloud in the form of quantum computing as a service. It offers professional services such as customer assistance in identifying and implementing quantum-computing applications. The company was founded on January 25, 2022 and is headquartered in Palo Alto, CA.

D-Wave Quantum Inc

QBTS is trending due to a confirmed breakout above a key price point, spurring excitement among traders looking for short-term gains. The community is actively discussing technical analysis targets and potential for further upside, with some citing D-Wave's leadership in quantum optimization and potential government contracts as catalysts. Some investors also note that the price is still a discount to competitors.

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Solana (SOL) outperformed Bitcoin (BTC) and other major altcoins in early morning trade on Friday after Galaxy Digital purchased more than two million tokens over the past 24 hours, following CEO Mike Novogratz’s declaration that it was ‘Solana Season.’Dogecoin (DOGE) also moved higher on speculation, despite the reported delay of the Rex Osprey Dogecoin ETF (DOJE), which was slated to launch later on Friday but has been pushed to next week, according to Bloomberg ETF analyst Eric Balchunas. “Another delay. Launching next week. Mid-week. Prob[ably] Thurs[day],” he wrote in a&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/EricBalchunas/status/1966236513517338749">post</a> on X.<a href="http://stocktwits.com/symbol/SOL.X">Solana’s price</a> surged more than 6% in the last 24 hours, trading at around $2.40, levels not seen since January this year. Retail sentiment around Solana on Stocktwits also moved higher to ‘bullish’ from ‘neutral’ territory, and chatter jumped to ‘high’ from ‘normal’ levels over the past day.&nbsp;In an&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-in-consolidation-mike-novogratz-sees-solana-ethereum-taking-spotlight/chwN1oPRdvg">interview</a> with CNBC on Thursday, Novogratz described the inflows into Solana as part of a broader ‘Season of SOL,” noting the blockchain’s transaction speed and growing role in financial markets.&nbsp;Following his comments,&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://intel.arkm.com/explorer/entity/galaxy-digital">data</a> from Akham Intelligence showed Galaxy bought SOL tokens for around $480 million in the last 24 hours.Meanwhile,&nbsp;<a href="http://stocktwits.com/symbol/DOGE.X">Dogecoin’s price</a> climbed 3.8% in the last 24 hours, trading at around $0.2605 at the time of writing–a 2-month high for the meme token. On Stocktwits, retail sentiment remained in ‘extremely bullish’ territory amid ‘high’ levels of retail chatter over the past day.&nbsp;Ethereum (ETH) and Ripple’s native token (XRP) also outpaced Bitcoin in early morning trade.&nbsp;<a href="http://stocktwits.com/symbol/ETH.X">Ethereum’s price</a> rose 2.1% and XRP gained 1.3% in the last 24 hours.&nbsp;<a href="http://stocktwits.com/symbol/BTC.X">Bitcoin’s price</a>, meanwhile, only edged 0.9% higher, trading just under $115,000.The overall cryptocurrency market rose 1.2% over the last 24 hours, rising to a market capitalization of $4.1 trillion. Crypto futures bets saw around $357 million in liquidations over the past 24 hours, according to Coinglass&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.coinglass.com/LiquidationData">data</a>. Long liquidations totaled around $122 million, and short bets amounted to $234 million.&nbsp;Digital asset treasury (DAT) equities also showed cautious optimism, edging higher in pre-market trade. The largest corporate holder of Bitcoin, Michael Saylor-backed Strategy (<a href="http://stocktwits.com/symbol/MSTR">MSTR</a>), rose around 0.74% and the largest publicly traded company with Ethereum on its balance sheet, Bitmine Immersive Technologies (<a href="http://stocktwits.com/symbol/BMNR">BMNR</a>), gained nearly 4%.&nbsp;Bitcoin miners like Marathon Holdings (<a href="http://stocktwits.com/symbol/MARA">MARA</a>) and Riot Platforms (<a href="http://stocktwits.com/symbol/RIOT">RIOT</a>) also moved higher. MARA’s stock gained 0.89%, while RIOT’s stock rose 0.77%. Crypto exchange Coinbase (<a href="http://stocktwits.com/symbol/COIN">COIN</a>) was up more than 1%.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/opendoor-stock-sees-14000-spike-in-retail-buzz-as-new-ceo-steps-in/chw8F7sRdD2">Opendoor Stock Sees 14,000% Spike In Retail Buzz As New CEO Steps In, Founders Return</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Solana logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on August 21, 2021. (Photo Illustration by Jakub Porzycki/NurPhoto via Getty Images)

Bitcoin Underperforms As Solana Soars On Galaxy Buying Spree, Dogecoin Extends Gains 

Galaxy Digital purchased more than two million tokens over the past 24 hours, following CEO Mike Novogratz’s declaration that it was ‘Solana Season.’

Cryptocurrency

Galaxy Digital (GLXY) CEO Mike Novogratz reportedly said Bitcoin (BTC) is consolidating as other cryptocurrency ecosystems attract investor attention, but predicted a renewed rally toward the end of 2025.<a target="_blank" rel="noopener noreferrer nofollow" href="http://stockwits.com/symbol/BTC.X">Bitcoin’s price</a> rose 1.5% in the last 24 hours, with retail sentiment on Stocktwits continuing to trend in ‘bearish’ territory even as the apex cryptocurrency recovered to $114,000.“Bitcoin’s in consolidation right now, partly because you’re seeing a lot of these Treasury companies in other coins take their shot,” Novogratz said in an interview with CNBC. He noted that Ethereum (ETH) and Solana (SOL)-linked firms are drawing capital, including a $1.65 billion financing for a Solana ecosystem company by Forward Industries (FORD) completed earlier on Thursday.<a href="http://stocktwits.com/symbol/ETH.X">Ethereum’s price</a> gained 0.9% in the last 24 hours, with retail sentiment on Stocktwits trending in ‘extremely bearish’ territory. Meanwhile,&nbsp;<a href="http://stocktwits.com/symbol/SOL.X">Solana’s price</a> gained 0.6%, with retail sentiment on Stocktwits improving to ‘bullish’ from ‘neutral’ and retail chatter rising to ‘normal’ from ‘low’ levels over the past day.Novogratz described the inflows into Solana as part of a broader “season of SOL,” highlighting the blockchain’s transaction speed and growing role in financial markets. “Solana can process 14 billion transactions a day—that’s more than equities, fixed income, commodities and foreign exchange combined. It’s tailor-made for financial markets,” he said, adding that new funds and ETFs targeting the ecosystem are set to deepen liquidity.“That’s bringing energy into the crypto space. It’s bringing money into the crypto space. And Bitcoin is kind of going sideways a little bit. I think while these other ecosystems are having their moment, I think probably we have another big surge up towards the end of the year in Bitcoin, as the Fed starts the cutting cycle,” he said.<a href="http://stocktwits.com/symbol/GLXY">Galaxy Digital’s stock</a> rose 1.6% in pre-market trade on Thursday. On Stocktwits, retail sentiment around the company moved higher within ‘bullish’ territory amid ‘high’ levels of chatter. The stock has gained nearly 50% this year and more than doubled in value over the past 12 months.&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/figure-ipo-mike-cagney-says-company-aims-to-be-mag-7-of-web3/chwNK4FRdvQ">Figure IPO: Mike Cagney Reportedly Says Company Aims To Be ‘Mag 7’ of Web3, Eyes Blockchain-Traded Stock After Nasdaq Debut</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Mike Novogratz, CEO of Galaxy Digital, gestures as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 8, 2022 in Miami, Florida. (Photo by Marco Bello/Getty Images)

‘Bitcoin in Consolidation’ – Galaxy’s Mike Novogratz Reportedly Sees Solana, Ethereum Taking Spotlight For Now

Novogratz stated that Bitcoin’s price is likely to see a renewed rally towards the end of the year. 

Galaxy Digital (GLXY) CEO Mike Novogratz said the digital asset company must be “radically different” by 2030 as it aims to become a dominant player in both on-chain credit and global data infrastructure.&nbsp;“If we’re not a radically different company by 2030, we will have lost,” he <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=8wwB-kXFQRY">told</a> Stocktwits.<stembedurl>https://www.youtube.com/watch?v=8wwB-kXFQRY</stembedurl>He anticipates that there’s going to be a “big fight” over who will be providing digital services to a tokenized world are policy regulations take shape in the U.S. and globally. “We’re gonna do on-chain credit. We better win on-chain credit,” he said.Novogratz cited the recent regulatory developments as a turning point. “Banks can’t not bank us just because we’re crypto,” he said, calling this a “green light” moment for institutional participation.<a href="https://stocktwits.com/symbol/GLXY">Galaxy Digital’s stock</a> edged 0.33% lower in afternoon trade. However, on Stocktwits, retail sentiment around the company was in the ‘bullish’ territory.&nbsp;Other than “winning” on-chain, Novogratz said the plan is to make Galaxy Digital one of the biggest providers of data center services in the world. Its physical infrastructure already&nbsp;includes up to 3.5 gigawatts (GW) of data center capacity being developed near its Helios facility in Texas.&nbsp;He added that Galaxy Digital bought another 1 GW of capacity, but is waiting on approval from the authorities in Texas. “Assuming they approval all of it, which we think will happen in time, we’ll be a top 3 data center in the world, size wise,” he told Stocktwits.&nbsp;Novogratz said the company won’t be buying any more land until after the pending approvals come in. “But we’re also looking at other places. At one point you want some geographic diversification,” he said, explaining that the company’s second quarter (Q2) revenues next year will be a good signal to judge whether the data center segment is a growth business.Galaxy Digital reported Q2 results on Tuesday, with earnings per share (EPS) of $0.08 on $9.06 billion in revenue, missing Wall Street expectations of $0.15 per share and $12.51 billion in revenue. However, Novogratz noted that July was the company’s strongest month ever touting the addition of nearly $2 billion in fee-generating assets and the execution of a single $9 billion crypto trade — performance not captured in the Q2 results, which ended in June. “Crypto got its legs, literally in July,” Novogratz said.He pointed to the rise of treasury companies trying to replicate Strategy’s (MSTR) balance sheet model for the inflow. Novogratz said the company saw strong institutional demand for both staking and structured crypto products, which he believes could become a long-term source of recurring revenue. “It will grow if the crypto prices and these balance sheets grow,” he said.So far in 2025, Galaxy Digital’s stock has gained more than 56%. Over the past 12 months, the stock has jumped nearly 230%.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-advisers-urge-interim-fed-pick-ahead-of-jerome-powell-succession-decision/chrST9ARd5W">Trump Advisers Urge Interim Fed Pick Ahead Of Jerome Powell Succession Decision</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Galaxy Digital Plans To Be ‘Radically Different’ By 2030 – CEO Mike Novogratz Explains Why

Novogratz anticipates that there’s going to be a “big fight” over who will be providing digital services to a tokenized world are policy regulations take shape in the U.S. and globally. 

Equity

Novogratz anticipates that there’s going to be a “big fight” over who will be providing digital services to a tokenized world are policy regulations take shape in the U.S. and globally. 


Time to Buy, Hold, or Sell CEA Industries (VAPE) Stock?

It's been an exciting start to the week for CEA Industries (VAPE) stock after announcing a bold move into the crypto space via a $500 million private investment in public equity (PIPE) deal. 

Bitcoin (BTC) dropped to early July levels on Friday morning amid a broader sell-off in the cryptocurrency market, as U.S. equity markets showed signs of an uptrend.<a href="http://stocktwits.com/symbol/BTC.X">Bitcoin’s price</a> dipped more than 1.8% in the last 24 hours. On Stocktwits, retail sentiment around the apex cryptocurrency remained in ‘bearish’ territory over the past day. Meanwhile, Ethereum (ETH) showed the most gains, rising nearly 3% in the last 24 hours to trade around $3,700. Retail sentiment on Stocktwits around the second-largest cryptocurrency by market value was in the ‘bullish’ zone.According to data analytics platform&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/lookonchain/status/1948605256893694442">Lookonchain</a>, the fall in Bitcoin’s price may have something to do with Galaxy Digital (GLXY) moving thousands of BTC to exchanges. According to&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/lookonchain/status/1948665986573631687">data</a> from the platform, the company transferred nearly 30,000 Bitcoin, worth around $3.5 billion, to exchanges. Galaxy Digital then withdrew $1.15 billion in USDT from those exchanges. Its total Bitcoin holdings now stand at 18,504.&nbsp; Volatility in the crypto market led to more than $539.24 million in liquidations over the past day, according to Coinglass&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.coinglass.com/LiquidationData">data</a>. Most of the liquidations originated from long bets – traders who bet the price would rise, totaling around $380 million. Short liquidations were $158.35 million. Bitcoin and Ethereum (ETH) experienced the largest liquidations of $159 million and $132 million, respectively.&nbsp;Among major cryptocurrencies, the only cryptocurrency to slide more than Bitcoin in the last 24 hours was Solana (SOL).&nbsp;<a href="http://stocktwits.com/symbol/SOL.X">Solana’s price</a> dropped 2.8% over the past day. On Stocktwits, retail sentiment around the altcoin continued to trend in ‘extremely bullish’ territory during the same period.&nbsp;Tron (TRX) also gained after the founder of the Tron Ecosystem, Justin Sun, who is also an ally of President Donald Trump, rang the bell for Tron Inc.’s (TRON) debut at the Nasdaq on Wednesday. While&nbsp;<a href="http://stocktwits.com/symbol/TRON">Tron’s stock</a> fell 10% on Wednesday, the&nbsp;<a href="http://stocktwits.com/symbol/TRX.X">TRX token’s price</a> was up 2.4% in the last 24 hours. The stock rose 4.5% in pre-market trade on Thursday.<a href="https://stocktwits.com/symbol/XRP.X">XRP’s (XRP) price</a> gained 0.9% in the last 24 hours, while&nbsp;<a href="https://stocktwits.com/symbol/DOGE.X">Dogecoin’s (DOGE) price</a> dipped by 1.2%.&nbsp;<a href="https://stocktwits.com/symbol/ADA.X">Cardano’s (ADA) price</a> gained 2.1%.&nbsp;Crypto-linked stocks were in the red in pre-market trade on Friday. Shares of Strategy (MSTR), the largest corporate holder of Bitcoin, dipped more than 2%. Retail sentiment around&nbsp;<a href="https://stocktwits.com/symbol/MSTR">Strategy’s stock</a> fell to ‘bearish’ territory from ‘neutral’ a day ago.&nbsp;Shares of crypto exchange Coinbase Global (COIN) dipped 1.33% in early morning trading, while Robinhood (HOOD) was down 0.8%. Bitcoin miners Riot Platforms (RIOT) and Marathon Digital (MARA) were also in the red.&nbsp;<a href="https://stocktwits.com/symbol/RIOT">Riot’s stock</a> fell 2.2% while&nbsp;<a href="https://stocktwits.com/symbol/MARA">Mara’s stock</a> tumbled more than 3% in pre-market hours.&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-asserts-he-doesnt-intend-to-destroy-elon-musk-companies/ch8yy9CR5H1">Trump Asserts He Doesn’t Intend To ‘Destroy’ Elon Musk’s Companies, Wants US Firms To ‘Thrive’</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A neon sign advertises a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland, on January 4, 2025.

Bitcoin Drops, Ethereum Gains: Crypto Market Liquidations Top $500 Million Following Galaxy Digital Sell-Off 

According to data analytics platform Lookonchain, the fall in Bitcoin’s price may have something to do with Galaxy Digital moving around 30,000 BTC out of its holdings and to exchanges. 

Jefferies starts Galaxy Digital with Buy rating on data center cash flows

Investing.com -- Jefferies has initiated coverage on  Galaxy Digital  (TSX:GLXY) with a Buy rating and a $35 price target given a stable, long-term cash flows from its AI data center operations and a more supportive regulatory outlook for digital assets.

3 Crypto Stocks to Watch as the House Passes the GENIUS Act

GLXY, HOOD and RIOT rally as the GENIUS Act clears the House, setting the stage for sweeping U.S. stablecoin regulation.

Zacks Investment Ideas feature highlights: Coinbase Global, Galaxy Digital, BlackRock, IBIT, Robinhood, Interactive Brokers and Alphabet

Bitcoin hits $123K with COIN, BLK, HOOD, and IBKR set to gain as ETF access, regulation, and momentum drive the next wave.

Bitcoin's Unstoppable Rise: 5 Reasons $150k is Next

As market technicians now eye a $150k price target, Bitcoin's ongoing momentum suggests that its remarkable growth story is far from over, reminding investors that the true opportunity often lies where the majority hesitates.

Shares of cryptocurrency&nbsp;fintech&nbsp;firm Galaxy Digital (GLXY)&nbsp;debuted on the Nasdaq on Friday, ending a&nbsp;years-long process that its founder and CEO, Michael Novogratz, called “unfair and infuriating.”In an interview with CNBC, Novogratz argued that the process, which typically takes 45 to 90 days, was stretched out to 1,320 days and took nine rounds of comments with the Securities and Exchange Commission (SEC).&nbsp;“It felt un-American, unfair, infuriating,” Novogratz said.GLXY opened at $23.50 apiece on the Nasdaq on Friday.Novogratz said the prolonged SEC scrutiny significantly increased Galaxy’s audit costs, noting they were well above those&nbsp;paid by traditional firms like Jefferies. He expects those fees to decline by up to 40% now that the firm is listed in the U.S.“Scarcity makes you tougher,” Novogratz said. “We funded our company mostly through investment gains and trading.”He added that Galaxy Digital wasn’t the only crypto-linked company to suffer, pointing to eToro, the Israel-headquartered trading platform, which completed its Nasdaq listing earlier this week. Its listing was one of the first major fintech IPOs since 2021.“Ringing the bell is kind of the starting line, not the finish line,” Novogratz said, adding that U.S. markets offer far greater reach. “Our visibility, volume, and notoriety in the Canadian market versus the U.S. is one to 30 — the U.S. market is 30 times deeper. If we had been in the U.S. markets those four years, we’d be a different company.”<a href="https://stocktwits.com/symbol/GLXY">Galaxy Digital</a>&nbsp;shifted to the Nasdaq&nbsp;on Friday morning, transitioning from the Toronto Stock Exchange (TSX) and over-the-counter markets (OTC). The stock was up 2% in morning trade.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/fortnite-pulled-from-ios-worldwide-in-renewed-apple-epic-games-clash/chiw5YVRbnY">Fortnite Pulled From iOS Worldwide In Renewed Apple-Epic Games Clash</a>

Mike Novogratz, CEO of Galaxy Investment Partners, gestures as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 8, 2022 in Miami, Florida. (Photo by Marco Bello/Getty Images)

Galaxy Digital Debuts On Nasdaq At $23.50 Per Share After 1,320-Day Wait, CEO Calls SEC Scrutiny ‘Infuriating’

CEO Mike Novogratz said the prolonged SEC scrutiny significantly increased Galaxy’s audit costs, noting they were well above those paid by traditional firms like Jefferies.

Galaxy Digital, Inc. engages in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. It operates through the following segments: Digital Assets and Data Centers. The digital assets segment offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. The Data Centers segment competes with a range of infrastructure providers that are building or repurposing facilities to support the rapidly growing demand for AI and compute-intensive workloads. The company was founded by Michael Novogratz in 2018 and is headquartered in New York, NY.

Galaxy Digital Inc. - Ordinary Shares - Class A

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