Post by
MaterialsMan on Nov 22, 2024 6:50am
The new guard
With the SEC changing leadership (Gensler's being gone), a friendlier environment should help with a speedier transition to the Nasdaq listing.
I guess he announced he's stepping down, but I haven't seen when.
This should be an added catalyst.
Granted that Galaxy has crypto on its balance sheet, which surely creates interest from investors, but does anyone have a feel for whether the core business justifies its valuation (MC).
The lack of upward movement in the SP, especially considering the current environment is somewhat worrisome.
Comment by
Rookieinv3ster on Nov 22, 2024 9:54am
I agree with you, but I feel majority of this board are happy with the current share price.
Comment by
Rookieinv3ster on Nov 22, 2024 12:09pm
Could be part of the reason the market doesn't like GLXY https://cryptonews.com/news/bitcoin-set-for-price-correction-post-surge-galaxy-ceo-mike-novogratz-says/