Galaxy Digital Holdings (GLXY) is positioned for significant upside, with the author adding August 8th calls. Goldman Sachs' initial $8.54 price target is considered conservative, as a more realistic scenario including CRWV exercising its 200MW option and full ramp-up of data center phases 1-3 could yield a present value of $16.41 (discounted from 2027E) to $29.68 (discounted from 2028E) per share, based on the provided table. Key catalysts include potential announcements around Helios financing and CRWV's option exercise, possibly by August 5th earnings.