🚀 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.
