Ten31 Marks First Public Listing for Bitcoin-Focused Venture Fund With BTC Miner GRIID
Ten31 has announced the Nasdaq Global Market stock exchange listing of its portfolio company, GRIID Infrastructure, marking the first public listing for a bitcoin-focused investment fund's portfolio company.
GRIID is a vertically integrated bitcoin mining and energy infrastructure company that has successfully navigated the regulatory review process to achieve this public listing.
Ten31's capital support and strategic guidance were instrumental in helping GRIID reach this milestone, and they will continue to work closely together in the future. [ more ]
TuSimple is leaving the Nasdaq as it exits the US | TechCrunch
TuSimple, a Chinese autonomous trucking startup, will delist from the Nasdaq as it plans to exit the U.S. market.
The decision to delist is due to the decline in valuation and liquidity, increased stock price volatility, and the costs outweighing the benefits of remaining a publicly traded company. [ more ]
History Suggests the Nasdaq Will Soar in 2024: 2 Artificial Intelligence (AI) Growth Stocks to Buy Before It Does | The Motley Fool
Wall Street staged a heady rebound in 2023 with a 43% gain in the Nasdaq Composite, following a 35% decline in 2022.
Historical data suggests that the Nasdaq has returned an average of 19% in the year following a bear market rebound, indicating the current rally may continue. [ more ]