Galaxy Digital Watchlist

tz-plus logo Galaxy Digital: AI Data Center in Texas Sparks Buying Wave

M. Springman
Reading Time: 2 minutes

Founder Mike Novogratz anticipates full leasing of the gigantic 1.6-gigawatt campus in Texas by late summer. The strategic transformation from a pure crypto miner to a sought-after infrastructure partner for the AI industry promises highly efficient cash flows. A dynamic price increase of over +5% under above-average trading volume underscores the massive institutional buying interest. The stock of Galaxy Digital is currently experiencing a dynamic accumulation, driven by a fundamental reassessment of its proprietary data center portfolio....

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