Galaxy Digital shares began trading on Nasdaq today, but the listing will need to compete for the crypto world's attention.
Galaxy Digital shares began trading on the Nasdaq with founder Mike Novogratz ringing the opening bell of the trading floor.
Steak n' Shake fast food chain has started accepting payments in bitcoin.
Wholesaler of luxury goods Top Win is renaming itself AsiaStrategy as it pivots towards digital assets.
Galaxy Digital (GLXY) just launched on the Nasdaq, but it seems the financial services firm's listing will have its hands full competing for the attention of the crypto community's hive mind.
Crypto X — and still commonly referred to as Crypto Twitter (CT) despite the change in the name of the platform — was buzzing with users spreading the word that fast food chain Steak n' Shake is now beginning to accept bitcoin$BTC
BTC
$103,690.79
payments through the Lightning network after making a claim seven days prior that it would do so.
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A video shared on the social-media site depicts a client placing an order at a self-service machine by selecting the option "Pay With Bitcoin" and scanning the QR code using his Lightning wallet in the Zeus app.
Another firm flying the bitcoin banner is Top Win International (TOPW), a wholesaler of luxury watches, which stated it will rename itself to AsiaStrategy and hold its treasury in digital currencies. It is essentially emulating the strategy of Michael Saylor's software firm Strategy (MSTR), which currently controls 568,840 BTC, over 2.5% of all the bitcoin that will ever be mined.
Hong Kong-listed Top Win is teaming up with crypto-backed venture capital company Sora for its latest pivot. The company's shares jumped as high as 45% before erasing the gains to trade lower by 31% at $5.14.
Sora had earlier teamed up with Tokyo-listed Metaplanet (3350), which is another firm mimicking the Strategy model