Crypto Tycoon Bets Big on Wall Street—You Won’t Believe His Next Move! 🚀

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Folks in old towns used to say a man could stare at a gold coin for years and never see more than his own face squinting back. But there’s Mike Novogratz, the lonesome cowboy of crypto, riding into town with his hat tilted and grin cocked sideways, claiming he’s found a shinier gold. Galaxy Digital, his wild-eyed venture, is aiming to set down roots in the bustling streets of Wall Street—just as soon as the smoke clears after the shareholder pow-wow come May 9th.

Galaxy Digital Hitches Its Wagon to Nasdaq

Now, they call this a “strategic pivot,” which has about as much dignity as turning your horse around when you see a rattlesnake. Galaxy wants to trade with the big shots—the tickers and tycoons—on the Nasdaq, ticker symbol GLXY, where dollars don’t sleep and sleep hardly matters anyway. But, universe willing, it’ll only happen if the band of shareholders nod their approval. Maybe they’ll raise a glass, maybe they’ll just raise an eyebrow.

Excited to share that @galaxyhq plans to list on @Nasdaq on May 16, pending shareholder approval on May 9.

We believe this listing will position Galaxy to better serve investors across the digital asset and AI ecosystems and help unlock the next phase of our growth.$GLXY

— Mike Novogratz (@novogratz) April 30, 2025

If you’re watching from Toronto, hold onto your toques—your GLXY shares will keep humming along on TSX, same as before, just with a new CUSIP number (because every adventure needs a new map). Meanwhile, for those wildcatters holding BRPHF shares out beyond the tracks, those’ll be reborn as proper Nasdaq GLXY stock. The train’s headed South, and everybody’s invited—so long as you can read the fine print.

And Novogratz, silver-tongued as ever, says listing on Nasdaq is about “serving investors.” Because nothing says “service” like a suit, a ticker, and a stronger shot of liquidity.

The real ballyhoo? Galaxy is itching to cozy up to the institutional high rollers and chase the AI bandwagon as it thunders through the crypto prairie—robo-cowboys wrangling code instead of cattle, and maybe picking up a few retail greenhorns for good measure.

It’s a whole new Gold Rush. Galaxy Digital, already wrasslin’ digital assets and swinging blockchain lariats, now fixing to get a piece of the high-falutin’ AI pie, the one everyone in finance keeps sniffing at like it’s grandma’s hot apple tart. 🍏🤠

Bitcoin: The Bull Refuses to Budge

Here’s the old twist of irony—back in September 2024, Galaxy unloaded 1,652 of its Bitcoin (worth about $89 million—just pocket change, if your pockets go down to your boots). Possibly just clearing the barn for the new AI horses. Still, Novogratz keeps chanting the gospel of Bitcoin: “It’ll outshine gold,” he says, as if repeating it thrice will make it come true. Give it five to eight years, and he swears Bitcoin will put gold out to pasture, out there behind some blockchain fence.

So cue the campfire songs and keep your eyes peeled for smoke signals from Wall Street—Galaxy’s gamble might just pay off, or at least give everyone something to jaw about at the next rodeo. 🤑🐎

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2025-04-30 19:26