Why Wall Street values some crypto firms for AI power, not just crypto
Galaxy Digital's stock surge points to a new trend: Investors are rewarding some crypto firms for AI infrastructure, not just digital asset exposure.


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Galaxy Digital's stock surge points to a new trend: Investors are rewarding some crypto firms for AI infrastructure, not just digital asset exposure.

Galaxy Digital says the Senate has a tight calendar ahead of the November elections, and the time needed to fix up and pass a key crypto bill is quickly fading.

Bitmine and Galaxy Digital may also be eligible for the Russell 1000, an index tracking the largest 1,000 US companies that includes Nvidia, Microsoft and Appl…

Galaxy Digital's Alex Thorn says a $1.3 billion sale of BlackRock's Bitcoin ETF was the largest he has seen on a dark pool, or private trading platform.

Galaxy Digital's Mike Novogratz reportedly told a court the SEC made it "very difficult" to complete a planned 2021 merger with BitGo.

Mike Novogratz's Galaxy Digital posted a $216 million first-quarter loss as weaker crypto prices hit asset values, while Helios data center revenue nears.

The iShares Staked Ethereum Trust will distribute staking rewards on a monthly basis from institutional-grade Ethereum validators run by Figment, Galaxy Digita…

Company pushes back after reports suggest a $9B Bitcoin sale by a wealthy client was tied to quantum computing fears.

Galaxy Digital, the cryptocurrency company run by billionaire Michael Novogratz, on Tuesday reported a $482 million loss in the fourth quarter as the value of…
Bitcoin is entering a much more "mature era" that is healthy for the asset and will see attention returning, according to Galaxy Digital's Alex Thorn.

In an interview with Cointelegraph, Galaxy Digital's head of research explains why Bitcoin is at a pivotal moment, and what could define its next downturn.

. Galaxy Digital reported higher quarterly profit as trading volumes increased 140%, reflecting stronger institutional activity in crypto markets..

. Mike Novogratz's Galaxy Digital has secured a $460 million investment to convert its former Bitcoin mining site in Texas into a large-scale AI data center..

Galaxy Digital introduced a commission-free trading platform, Galaxy One, on Monday that offers similar services to rival Robinhood.

. Galaxy Digital's Mike Novogratz says US crypto legislation will unleash new market participation, which could break the traditional four-year cycle..

. Galaxy Digital has purchased $1.55 billion worth of Solana in the past five days after joining a $1.65 billion private placement in a Solana treasury firm..

. Crypto giants Galaxy, Multicoin and Jump are seeking to raise $1 billion for a Solana treasury, with Cantor Fitzgerald as their lead banker..

. Galaxy Digital CEO Mike Novogratz's comments come the same week Bitcoin surged to new all-time highs of $124,128..

Investors who lost money in Richard Kim's alleged scheme included Galaxy Digital, where he had been a venture fund investor for six years.

. Bitcoin seems unfazed at new outgoing wall transactions from Galaxy Digital, with "most" of the BTC ending up in exchange accounts..

. Galaxy Digital CEO Michael Novogratz says institutional interest may be the secret sauce that sees Ether outperform Bitcoin in the next three to six months..

Galaxy Digital is poised to benefit from clearer cryptocurrency regulations as well as demand for AI data centers, according to Jefferies.
In recent trading, shares of Galaxy Digital Inc (Symbol: GLXY) have crossed above the average analyst 12-month target price of $28.30, changing hands for $29.0…
. Galaxy Digital's Michael Harvey says the most optimistic scenario for Bitcoin is a "continued slow melt-up†through the end of July..

. Galaxy Digital warns Robinhood's plan to tokenize stocks on its new chain could divert liquidity from NYSE and other major exchanges..

. Galaxy Digital raises $175 million for its first externally backed venture fund, targeting early-stage crypto startups..

. Invesco and Galaxy Digital have filed the initial documents to launch a spot Solana ETF, making the ninth similar entry to be put before US regulators..

. Metaplanet now ranks as the ninth-largest corporate Bitcoin holder with over 8,888 BTC, surpassing Galaxy Digital and Block Inc. after a $117.9 million purch…

On today's episode of CNBC Crypto World, Galaxy Digital shares open for trading on the Nasdaq. Plus, XRP falls after a federal judge rejects the SEC and Ripple…

Mike Novogratz's crypto firm Galaxy Digital began trading on the Nasdaq, completing a four-year effort to secure a U.S. listing despite regulatory hurdles.
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