Galaxy Digital Inc. Class A Common Stock (GLXY)
Galaxy Digital: The Data Center Company Hiding In A Bitcoin Stock
Galaxy Digital is fundamentally undervalued, trading at $25 despite a fair value estimate of $50-$70 per share for its data center infrastructure business. Galaxy acquired Helios for $65M in 2022, securing 1,500+ acres with 345kV infrastructure that would take competitors 5-8 years to replicate. 800 MW contracted capacity with CoreWeave for 15 years generates $1.2B annual revenue at 90% margins, with first revenue expected in H1 2026.
Galaxy Digital Share Price Dips 14% Despite Strong Q3 Earnings Growth
GLXY posted soaring Q3 earnings and 231% revenue growth, but shares slid 14% as crypto market weakness weighed.
Galaxy Digital Stock Pops on Platform Launch
Shares of Galaxy Digital Inc (NASDAQ:GLXY) are up 7% at $38.68 at last glance -- hitting their highest levels since 2008 -- after the company launched its new financial technology platform, GalaxyOne.
Mike Novogratz's Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood
Galaxy Digital introduced a commission-free trading platform, Galaxy One, on Monday that offers similar services to rival Robinhood.
3 Sectors With Intriguing Risk-Reward Profiles
Subscribers to Chart of the Week received this commentary on Sunday, July 20.
Novogratz on Galaxy Going Public, Bitcoin Prices, SEC Under Biden
Billionaire Michael Novogratz, CEO of Galaxy Digital Holdings Ltd. says the US Securities and Exchange Commission under President Joe Biden was "un-American" and unfair.
