Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2021-10-29 14:28:02

Voyager Digital gaps up 15% after robust Q4 on 'significant' net new asset inflows

Voyager Digital (OTCQX:VYGVF) stock rises to its highest level seen since August after the company saw "significant" net new funded accounts and net new asset inflows on the crypto brokerage platform through the year, said CEO and Co-founder Steve Ehrlich. Shares of VYGVF reached as high as $17.42 at the open but has since pulled back to just over $16 intra-day, though still elevated by 13%. Crypto assets held of $2.29B vs. a mere $13.11M in the year-ago quarter. Specifically, the company has the largest holding in bitcoin (BTC-USD), making up 24% of its overall crypto portfolio, with a total position of 15,396 coins valued at $539.93M as of June 30. Crypto assets loaned of $393.6M, compared with $19.1M in Q4 2020. Q4 revenues of $109.05M rises substantially from $60.44M in the prior quarter and from just $708K in Q4 2020. Q4 total expenses of $77.5M more than doubles from

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