Duncan
Good Morning $GLXY Bulls Mind boggling earning beat, $GLXY's best quarter ever +$505M in Net Inc...
200 days agoDuncanFloodCapital
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Galaxy Digital Holdings Ltd. ($GLXY) reported a "mind-boggling" Q3 earnings beat with $505M in Net Income, a significant jump from Q2's $31M, driven by exploding crypto volumes and a 140% QoQ increase in trading volume. The company's Asset Management AUM/AUS also surged 75% QoQ to $14B, with $4.5B from DATs expected to generate $40M in ARR. This strong performance, coupled with a $1.4B construction loan for data centers, suggests a very bullish outlook for $GLXY as its crypto infrastructure investments translate into substantial profitability.

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Duncan

Duncan

By FloodCapital

Investing content focusing on $GLXY and AI Robotics the two largest opportunities I see in the world right now. Not affiliated with @thinkingusd.