SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

SSgA Active Trust - SPDR S&P 500 ETF Trust

The SPY is experiencing volatility as the market digests the Federal Reserve's decision to cut interest rates by 25 basis points, with community sentiment split between bullish and bearish outlooks. Traders are actively debating whether this move signals a buying opportunity or the start of a larger correction, while closely watching for cues from Fed Chair Powell's statements. The discussion also includes concerns about the labor market, tariffs, and overall economic health.

Invesco Capital Management LLC - Invesco QQQ Trust Series 1

QQQ is trending amid anticipation of the Federal Reserve's rate decision, with the market pricing in a cut. Community members are actively discussing potential market reactions, ranging from a post-announcement rally to a sell-the-news scenario, while also considering the broader economic implications and the Fed's future policy outlook.

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

D-Wave Quantum ($QBTS) is trending amidst excitement and speculation, with the stock recently reaching new highs. Community members are pointing to potential catalysts like rate cut cycles, government contracts, and advancements in quantum computing. Bullish sentiment is fueled by the anticipation of a short squeeze and the belief that quantum computing will revolutionize various industries, while some remain skeptical of the company's revenue prospects and valuation.

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

GRRR is trending due to a recently announced $1.4 billion contract to build AI-powered data centers in Southeast Asia, with initial phases starting in late 2025. The community is actively debating the legitimacy of the deal and its potential impact on the company's valuation, especially in comparison to other AI-related stocks. Some investors believe this contract validates GRRR as an AI infrastructure play and anticipate significant growth, while others remain skeptical until further details and revenue figures are released.

BlackRock Institutional Trust Company N.A. - iShares Russell 2000 ETF

iShares Russell 2000 ETF

IWM is experiencing volatility amid anticipation of the Fed's rate decision and discussion of potential future rate cuts, with community members debating whether small caps will benefit. Powell's remarks on labor market softening and economic growth are key talking points. Some traders are expressing concern about the overall market's reliance on a few mega-cap stocks.

Direxion Shares ETF Trust - Direxion Daily Semiconductor Bear 3X Shares

Direxion Daily Semiconductor Bear 3X Shares

SOXS is trending as traders discuss its inverse relationship with the semiconductor sector, particularly regarding the performance of major holdings like NVDA and AVGO. Community sentiment suggests frustration with perceived manipulation and tracking errors within the ETF, especially when semiconductor stocks move in unexpected directions. Many are anticipating a market pullback or a hawkish stance from the Federal Reserve that could benefit the fund.

BigBear.ai Holdings, Inc. engages in data-driven decision dominance and advanced analytics that provide its customers with a competitive advantage in a world driven by data that is growing in terms of volume, variety, and velocity. The firm operationalizes artificial intelligence and machine learning at scale through its end-to-end data analytics platform. It deploys its observe, orient and dominate products to customers throughout the defense, intelligence, and commercial markets. The company was founded in 2020 and is headquartered in McLean, VA.

BigBear.ai Holdings Inc

BigBear.ai ($BBAI) is trending due to a combination of factors, including increased institutional buying from Goldman Sachs and a congresswoman's disclosed investment. The community is actively discussing the potential for a short squeeze and the impact of upcoming Fed decisions on the stock's momentum, as well as potential government contracts. Overall sentiment appears bullish, with many anticipating further gains and a breakout above key resistance levels.

BlackRock Institutional Trust Company N.A. - iShares 20+ Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF

TLT is trending as traders anticipate potential Fed rate cuts following recent economic data and await upcoming CPI and PPI reports, leading to discussions about recession risks and the bond market's next move. Community perspectives range from expectations of a bond rally to concerns about stagflation, with some highlighting the influence of tariffs and potential central bank actions. The conversation also involves analysis of technical indicators and potential trading strategies.

Bloom Energy Corp. engages in the manufacture and installation of a solid oxide fuel-cell based power generation platform. Its product, Bloom Energy Server, converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was founded by K. R. Sridhar, John Finn, Jim McElroy, Matthias Gottmann, and Dien Nguyen on January 18, 2001, and is headquartered in San Jose, CA.

Bloom Energy Corp - Ordinary Shares - Class A

Bloom Energy Corp

Bloom Energy is trending as community members discuss its continued climb and potential resistance points, with some suggesting it's overbought while others point to strong fundamentals and the company's role in powering AI data centers as reasons for further growth. Some traders are taking profits, while others believe the stock has more room to run, especially if the company announces new deals. Short squeeze potential is also being mentioned as a factor driving the price.

VCI Global Ltd. engages in the provision of business consulting services. It operates through the following segments: Business Strategy Consultancy, Technology Consultancy, and Others. The Business Strategy Consultancy segment offers services relating to listing solutions, investors relations, and boardroom strategies. The Technology Consultancy segment specializes in digital development and software solutions. The company was founded in 2013 and is headquartered in Kuala Lumpur, Malaysia.

VCI Global Ltd

VCIG is trending due to a recent $22 million AI infrastructure contract announcement, though some question the legitimacy of the news. The community is actively debating the potential for a short squeeze versus concerns about dilution and reverse splits. Many traders are discussing the possible impacts from compliance requirements.

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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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The Fed just cut rates. How many cuts do you expect in all of 2025? 
 
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Current Price	$33.12
Prev Close	$31.83
Open	$31.83
Dividend Yield	0.00%
50-Day Moving Average	$26.20
Beta	2.49
Avg. Volume	8.65M
PE Ratio	-15.11

52-Week High	$33.17
52-Week Low	$8.20
Market Capitalization	$5.63B
EPS (Annual)	$0.6525
Price to Book	3.60
Revenue Per Employee	$0.00
Enterprise Value/EBITDA	N/A

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Galaxy Digital Inc. - Ordinary Shares - Class A

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GLXY Galaxy Digital Inc. - Ordinary Shares - Class A