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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 evilballson Jan 06, 2021 8:36am
183 Views
Post# 32231319

GLXY Treasury Stock

GLXY Treasury StockWith 16,651 BTC in the treasury this company should be viewed as a treasury stock.   Most other companies have 5% of the market cap in BTC.... GLXY is up over market cap is 75% of thier holdings. They've got more BTC than everyone except Microstrategy. 

This should be a $20 to $25 stock.  I think a lot of those holding BTC are getting dragged higher because their balance sheets are absolutely superior to most.     Probably not the sexiest but certainly one that has a lot of staying power.
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