Added to YB: 2025-08-05
Pitch date: 2025-08-03
GLXY.TO [neutral]
Galaxy Digital Inc.
-3.24%
current return
Author Info
Applied Conjectures is a former buy-side analyst sharing stock pitches. Sign up for the newsletter.
Company Info
Galaxy Digital Inc. engages in the digital asset and data center infrastructure businesses. The company’s digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology.
Market Cap
$7.1B
Pitch Price
$27.64
Price Target
50.00 (+87%)
Dividend
N/A
EV/EBITDA
N/A
P/E
63.36
EV/Sales
0.47
Sector
Capital Markets
Category
turnaround
Galaxy Digital: Show Me The Money
GLXY.TO (overview): Datacenter pivot from crypto creates $650M EBITDA by 2027 from CoreWeave 15yr lease @ 133MW/$242M. Bull case: 90% margins, 25-30x EBITDA multiple = $14B equity value vs $10B mkt cap. Risks: CapEx likely $20M/MW not $11-13M, financing mix deteriorating, group-level costs ignored, zero execution track record.
Read full article (7 min)