Galaxy Digital's Nasdaq Listing May Spark BTC Bull Token ($BTCBULL) Presales

Presales like BTC Bull Token ($BTCBULL) may surge as Galaxy Digital plans a Nasdaq listing on May 16, with the shareholders' meeting set for May 9.

Galaxy Digital (CRYPTO:OTCMKIX) plans to apply for a Nasdaq listing on May 16, with the shareholders’ meeting set for May 9.

What Happened: Galaxy Digital CEO and founder Mike Novogratz announced that the move would be “value enhancing to the company and our shareholders and enable us to attract a broader investor base.”

“We are excited to be applying for a direct listing of our shares on Nasdaq later this year and to take this next natural step in the evolution of Galaxy Digital,” Novogratz said.

At the same time, Metaplanet is aiming to raise an additional $250M to fuel its 5K $BTC reserve and push it closer towards the 10K goal.

Announced earlier this year, Metaplanet’s goal is to accumulate 10,000 Bitcoins in the coming years and donate them to support Web3 development.

To reach this target, the company plans to sell limited-edition NFT collections and use the proceeds to buy more $BTC.

Earlier this year, Metaplanet launched its first NFT collection, dubbed "The Metamon Integration." Each NFT serves as a unique and irreplaceable piece of digital art.

In other news, Block (NYSE:SQ) subsidiary Square keeps investing heavily in Bitcoin.

In August 2020, Strategy (NASDAQ:MSTR) made its first $BTC purchase, spending $250M for a total of 21,454 $BTC.

Since then, the company has kept investing heavily in Bitcoin, such that, between 2020 and 2025, it acquired more than 553K $BTC.

At the same time, Strategy’s Nasdaq stocks surged by a staggering 3,000% within this 5-year timeframe.

While Strategy is the most obvious example, other companies experienced similar surges alongside Bitcoin’s meteoric rise.

Bitcoin miner CleanSpark (NASDAQ:CLSK) also witnessed a growth of almost 500% between 2020 and 2025 after its Nasdaq listing.

Even the Nasdaq 100 (NASDAQ:NDX) recorded a boost of 1% throughout April, and is still going strong, with a 3.30% increase over the past five days.

According to Anthony Pompiliano, founder and CEO of Professional Capital Management, market bears are “insane” for thinking about the Great Depression in such a context.

"Those who keep talking about a market crash are clearly focused on the past. They seem to be stuck in a loop, yapping about 1929 over and over again," said Pompiliano.

"But here's the thing: We're not heading back to the 1930s. Back then, there was a 25% unemployment rate, people were losing their homes and businesses, and the entire economy went into a tailspin. It was a time of immense hardship and despair."

Pompiliano went on to highlight the stark differences between the past and present.

"Today, unemployment is at a 50-year low, with 3.3% recorded in March. People are employed, they have money in their pockets, and the economy is humming along nicely, boasting a 2.6% growth in Q4 2023."