Bitcoin trading and banking company New York Digital Investment Group LLC (Nydig) has reduced its work force by about 110 people or a third of its work force, The Wall Street Journal reported Friday. The move comes after the company on Oct. 3 named Tejas Shah as its new CEO. In December, Nydig raised $1 billion in capital at a valuation of $7 billion. Stone Ridge Holdings Group is the parent of Nydig.
PayPal shares decline 9% – a buying opportunity for investors targeting undervalued stocks
PayPal’s Q2 2025 financial results indicate a potential 25% upside from the stock’s current levels towards its fair value. In Q2 2025, PayPal Holdings, Inc.