Galaxy Digital (GLXY): Undervalued AI Infrastructure Asset
Core Logic
The market mistakenly views GLXY as a pure cryptocurrency company, ignoring its core asset - Helios Data Center (800MW power, expandable to 3.5GW).
The 15-year lease with CoreWeave is expected to generate annual revenue of $720 million, with a profit margin of 90%.
The current stock price reflects only the fundamental value of Helios, without accounting for traditional crypto business and growth potential.
Key Advantages
Power resources are scarce, Helios has been approved for power to bypass grid waiting times.
The CoreWeave lease provides stable high-profit cash flow.
$1.8 billion net cash, far exceeding debt-laden competitors.
Traditional crypto business has annual profits exceeding $280 million, providing synergistic support.
Valuation Potential
Base Scenario: Current value of Helios equity is $8.2 billion (equivalent to $24 per share).
Bull Market Scenario: After expansion to 1600MW, equity value is $10 billion (equivalent to $29 per share).
Does not account for the value of traditional crypto business (potential $8-$10 per share).
Lista DAO Institutional Collaboration
Collaborating with market makers like Wintermute to maintain lisUSD stability and launching structured products with institutions like HashKey to attract traditional capital.
GLXY is a rare AI infrastructure asset, and the current stock price has significant revaluation potential.
