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Galaxy Digital Holdings Ltd T.GLXY

Alternate Symbol(s):  BRPHF

Galaxy Digital Holdings Ltd. is a digital asset and blockchain company. The Company provides institutions, startups, and qualified individuals access to the crypto economy. Its full suite of financial services is custom-made for a digitally native ecosystem, providing multiple business lines: trading, asset management, investment banking, mining, and ventures. Its trading business, Galaxy Trading, provides spot and derivative executions, as well as liquidity to institutional clients, counterparties and venues that transact in cryptocurrencies and other digital assets. Its asset management business, Galaxy Asset Management, manages capital on behalf of third parties in exchange for management fees and performance-based compensation. Its investment banking business, Galaxy Investment Banking, offers financial and strategic advisory services for the digital asset, cryptocurrency and blockchain technology sectors. The Company operates various offices across North America, Europe and Asia.


TSX:GLXY - Post by User

Post by Jboosted92on Feb 04, 2021 5:58pm
258 Views
Post# 32479555

Tell me where my thesis is wrong... GALAXY value

Tell me where my thesis is wrong... GALAXY value
If BTC goes to 65k-100k (2x - 2.75x) (which in turn accelerates the Defi movement even faster),

GLXY should go minimum (6x-10x)

I think the market and we need to start seeing GLXY for what it is....

If BTC is "oil"...Galaxy is:

a. the pipeline
b. the exporter
c. the financiar for oil companies, oil sellers, oil buyers, oil traders, oil tools
d. and they own a CHUNK of high quality oil ( 16k btc)

Blackrock/GS/ whatever you call it.... the "muliple streams of income" and knowing the sector (likely better than anyone)....i dont see how if BTC hits 100k, this doesnt hit $100.00 a share ( especially on NASDAQ )
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