16 May 2025
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Bitcoin Adoption Expands as Steak n’ Shake Accepts BTC and Top Win Rebrands
Galaxy Digital (GLXY) has officially launched on the Nasdaq. This listing is attracting attention amidst other crypto developments.
- Steak n' Shake started accepting bitcoin payments via the Lightning network, confirmed by a customer transaction video.
- Top Win International (TOPW) announced plans to manage its treasury in digital assets and rebrand as AsiaStrategy, aligning with Michael Saylor's model.
- Top Win shares surged 45% before dropping 31% to $5.14 following the announcement.
- Sora Ventures is partnering with Top Win for this transition, having previously collaborated with Metaplanet, which also adopted a similar strategy.
Galaxy’s Nasdaq Debut
Galaxy Digital, led by Mike Novogratz, began trading on the Nasdaq Global Select Market. Novogratz described the listing as significant in an email. GLXY shares opened at approximately $22.61, up 3.2%, while Toronto-listed shares rose 2.98% to C$31.48 ($22.53).