Grayscale Charges Toward IPO Amid Bitcoin Frenzy — Will It Echo Coinbase’s Post-Listing Crash?
TradingKey – On Monday, July 14, as Bitcoin (BTC) surged past $123,000 to a new all-time high, crypto asset manager Grayscale announced it had confidentially filed for an IPO with the U.S. Securities and Exchange Commission (SEC).
While the company did not disclose a timeline, it stated that the offering would proceed after SEC review and subject to market conditions.
The timing has drawn comparisons to Coinbase’s 2021 IPO, which coincided with Bitcoin’s then-record high of $65,000. Following its debut, Coinbase (COIN) stock plunged more than 90% from peak to trough, raising concerns that Grayscale’s IPO could follow a similar trajectory.
Coinbase Stock Price Chart – Source: TradingView.
While the parallel may be coincidental, analysts caution that record-breaking Bitcoin prices often fuel bullish sentiment, creating an ideal window for institutions to offload shares at premium valuations. Grayscale’s IPO could be seen as a strategic move to capitalize on heightened investor enthusiasm while liquidity is abundant.
Related Articles
Delta Air Lines (DAL): No Turbulence Ahead
TradingKey - Delta Air Lines has been long underperforming the broad market, but we believe this should change. The market is yet to price in the resilient spending of the premium travelers, and the ability of DAL to increase their shareholder returns in the form of dividends and buybacks.
AT&T: Powering the AI Economy with Fiber and 5G Connectivity
AT&T Inc. (NYSE: T) is a leading telecom company focused on 5G wireless, fiber broadband, and enterprise services after exiting media businesses in 2022. Its fiber network drives strong broadband growth to meet rising demand from AI and cloud services. Bundling fiber with wireless improves retention
GE Vernova: The New Energy Leader in the AI Boom
GE Vernova (GEV) stands as a global leader in energy transition, leveraging technological innovation—such as the 9HA gas turbine supporting 50% hydrogen blending and the 6.1 MW wind turbine with 63% efficiency—alongside its global footprint to capitalize on rising power demand and renewable energy o
Netflix 2Q25 Earnings Preview
Netflix seems unstoppable at the moment, with great content, ability to boost prices and emerging advertising revenue. But the higher you climb, the harder you fall.
Prediction! Federal Reserve Chairman Jerome Powell's Next Move Will Be an Interest Rate Cut
The Federal Reserve must balance the risks of higher inflation with the risks of higher unemployment when making decisions on interest rates.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were..
