GLXY

🚨Galaxy Digital Moves Closer to U.S. Listing via #Nastaq Effective Registration, Shareholder Vote Set for May

🔹Galaxy Digital (TSX: GLXY) received SEC approval for its registration statement for a U.S. listing.

🔹Aims to reorganize from Cayman Islands to Delaware under new entity Galaxy Digital Inc.

🔹Special shareholder meeting: May 9, 2025 — crucial step toward Nasdaq listing.

🔹If approved, Galaxy will trade under ticker symbol: GLXY on Nasdaq.

🔹Will temporarily remain on TSX post-listing as well.

🔹Focus remains on digital assets, AI, and high-performance computing (HPC) infrastructure.

🔹CEO Mike Novogratz: “Significant step toward our innovation mission.”

#CryptoNews #GalaxyDigital #NasdaqListing #AI #HPC #GLXY

Source: Galaxy Investor Relations$ETH
$XAI

🚀 Galaxy Digital's Bull Case Isn’t Bitcoin – It’s AI Data Centers! 🧠⚡

📢 Rittenhouse Research just rated $GLXY a STRONG BUY, and here’s why it’s not about BTC mining anymore…

💡 The AI Pivot:

Galaxy’s 2022 acquisition of the Helios data center — originally for BTC mining — has turned into a goldmine for AI infrastructure.

📊 Key Highlights:

✅ Galaxy has fully exited Bitcoin mining.

🏢 Focus is now on AI data centers with long-term, stable cash flow.

💸 CoreWeave lease adds credibility despite investor concerns.

💼 Backed by a strong balance sheet: $1.8B in net cash + investments.

🔁 Transition mirrors broader industry move from mining → cloud/AI compute.

📉 BTC mining: volatile, high capex, halving risk

📈 AI hosting: steady revenue, hyperscaler leases, lower risk

🔮 “Galaxy stumbled into Helios, but this might be crypto’s smartest pivot yet.” – Rittenhouse Research

📣 TLDR: The real value in crypto infra may not be mining BTC, but powering AI. And Galaxy is all-in.

#Aİ #GalaxyDigital #GLXY #CryptoPivot #BitcoinMining