Galaxy Digital (GLXY), TeraWulf (WULF), Applied Digital (APLD), and Cipher Mining (CIFR) could see further upside as Oracle (ORCL) needs to secure over 10 GW of incremental data center capacity by FY30 to meet its cloud revenue targets. These crypto companies, having pivoted to a co-location model, are well-positioned to lease this capacity. While some momentum is priced in, securing large deals with Oracle could drive additional gains.