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Galaxy Digital Inc. Class A common stock (GLXY $35.28)
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Coinbase Global Inc (COIN $268.28)
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Propel Holdings Inc. (PRL $20.68)
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Circle Internet Group Inc. Class A (CRCL $77.47)
Thank you very much
We do not feel that our answer will change if asked in January, as we prefer to look at names for long-term holding periods, and we find that timing the market based on seasonality or months of the year to be quite difficult.
We would be comfortable holding all of these names for a long-term holding, and they are tilted towards growth. We would be comfortable slowly purchasing COIN and GLXY if further support can be found, which seems possible around these levels. We would like to see positive developments with PRL before making a purchase. We would be OK purchasing CRCL here, but while acknowledging it is a newly public company, with limited financial history, and it can be considered riskier than COIN or GLXY.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in COIN, CRCL.