Galaxy Digital – Crypto house turns into AI data center star – stock jumps 25%!
Reading Time: 3 minutes
Galaxy Digital shoots up around 25% – not because of crypto, but due to AI. CEO Novogratz aims to fully lease his 1.6 GW data center campus in Texas by the end of summer, CoreWeave is already on board. Opportunity: AI's appetite for power. Risk: still operating at a loss. A rally unrelated to Bitcoin At the crypto financial service provider Galaxy Digital , a topic related to AI is causing a surge in stock prices: the shares jumped by around 25% on Monday, marking the largest single-day increase since November 2024. The catalyst is statements...
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