The Bull Case for Galaxy Digital (GLXY) is AI Data Centers Not BTC Mining: Research Firm

The Bull Case for Galaxy Digital (GLXY) is AI Data Centers Not BTC Mining: Research Firm

Rittenhouse Research, a new firm covering fintech, AI, and crypto, is giving GLXY a strong buy rating because of its BTC mining to AI transition

The Giant Company That Switched From Bitcoin Mining to Artificial Intelligence Sector Is Experiencing Its Own Bull! Here Are the Details

The post The Giant Company That Switched From Bitcoin Mining to Artificial Intelligence Sector Is Experiencing Its Own Bull! Here Are the Details appeared on BitcoinEthereumNews.com. A new report by fintech and crypto research firm Rittenhouse Research cited Galaxy Digital’s transition from Bitcoin mining to artificial intelligence (AI) infrastructure as the top reason for its “strong buy” rating on the company’s stock. Galaxy Digital’s AI Pivot…

Galaxy Digital $GLXY Debuts on Nasdaq, Gains Over 6%, Plans SEC Tokenization Talks

Galaxy Digital Holdings Ltd. marked a milestone by officially listing its shares on the Nasdaq Stock Market under the ticker symbol $GLXY on May 16, 2025. The listing generated notable interest, with $GLXY trending on Stocktwits for the first time just two days after the debut. The stock has rallied, gaining more than 6% following its Nasdaq debut. Galaxy Digital is also in discussions with the U.S. Securities and Exchange Commission (SEC) to to…

Galaxy Digital’s AI Data Center Strategy Outpaces Bitcoin Mining

In late 2022, Mike Novogratz’s Galaxy Digital team made a strategic decision and acquired the Helios data center from Argos during a tough time in the crypto industry. Initially, the purchase of Blockstream was meant to help a troubled bitcoin miner. But with the rise of AI, it soon became clear that there was a much larger chance involved. Now that ChatGPT has introduced artificial intelligence to most people, data center infrastructure has bec…