Galaxy Digital Holdings ($GLXY) is positioned for potential upside ahead of its August 5th earnings, with the analyst targeting $100/share. Key catalysts include updates on its data center business, particularly financing for Helios Phase 1 & 2, CoreWeave's potential exercise of its remaining 200MW option, and approval for an additional 800MW of power from ERCOT, which could significantly boost its valuation based on an estimated 22.5x EV/EBITDA multiple. The analyst recently added August 8, 2025 $32.00 calls and has already seen a 2.5x return, selling 1/5th and holding the rest for earnings.