Shares are lower by 11% on Monday with an analyst noting NAKA's convertible note terms were somewhat more stringent than those afforded to Michael Saylor's Strategy....
A rising bitcoin price is seen as most favorable for Galaxy's digital assets business, while miners fight a rising network hashrate, the report said....
Bitcoin steadied near $118,000 on Sunday, though analysts Lark Davis and Michaël van de Poppe warned of deeper corrections and choppy trading ahead....