Duncan
Read this, and read it again. $100 / share for $GLXY from data center giga mind @RHouseResearch
49 days agoDuncanFloodCapital
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Analyst @RHouseResearch sets a price target of $100 per share for Galaxy Digital (GLXY) based on a projected valuation of 20x an estimated $2 billion in annual EBITDA. The analysis compares GLXY, which currently trades at 12x-13x contracted EBITDA from its CoreWeave deal, to Hut 8 (HUT), which trades at 18x-20x EBITDA following two hyperscaler deals totaling $1.1 billion. The bullish outlook for GLXY is driven by the potential for new leases at its Helios site and additional development sites to support hyperscalers like AWS, MSFT, GOOG, or META.

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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.