BlockBeats News, May 31st. In response to allegations of insider trading regarding the heavily invested stock Sivers (SIVE), a Swedish prosecutor has recommended that Nasdaq launch an investigation. The "New Stock God" Serenity posted on X platform stating that Sivers (SIVE) should undergo a full transformation into a U.S. company, with a Nasdaq listing as the first step. This is because the company already has a U.S. capital structure, high percentage of institutional ownership, and support of the CHIPS Act. The transformation could bring a higher valuation premium and merger opportunities. Negative reports from Swedish local media influenced by short sellers are seen as detrimental to the development of AI photonics. The U.S. market could provide more financing opportunities and institutional, fund, and index support.

Serenity also suggested that Sivers retain its European business as a subsidiary, managed centrally by the U.S. parent company. Ultimately, it could become a major U.S. optical communication enterprise, not just explaining its value in the Swedish market. Additionally, there are hints that the management of Sivers may already be seeking to position Sivers as the next U.S. photonics giant akin to Lumentum (LITE).