
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.

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.