Bullboard - Stock Discussion Forum 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... see more

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TSX:GLXY - Post Discussion

Galaxy Digital Holdings Ltd > Bitcoin hits new high

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Post by Theonewhostocks on Mar 08, 2024 4:21pm

Bitcoin hits new high

...did Galaxy not get the memo? What a nugget this is turning out to be...

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Comment by Rookieinv3ster on Mar 08, 2024 4:30pm

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Comment by 401k88 on Mar 08, 2024 5:07pm

Does anyone even think good earnings will move this dumpster fire? There's not much of a lead on share price if Mike's prediction of Bitcoin correcting for the last 5 years. I don't wanna know where it ends up.

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Comment by 401k88 on Mar 11, 2024 12:24pm

New Bitcoin high! Any of you looongs know where Galaxy's bottom is?

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Comment by Pucci1989 on Mar 11, 2024 12:33pm

This is just an opinion...Many Investors have rotated their portfolio by selling GLXY and buying spot BTC ETF's. Especially when the ETF's have very little management fees. I have a feeling that many investors in the past , used publicly listed companies like GLXY, HIVE, Hut 8 etc. as a proxy investment and to get some exposure to Bitcoin. GLXY and many of these other 'proxy' ...more

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Comment by 401k88 on Mar 11, 2024 12:48pm

You are 100% correct sir. Unfortunately I am bitter as I thought this would be the winner of the space. Well diversified. Just happy I also bought Coinbase and Microstrategy.

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Comment by Pucci1989 on Mar 11, 2024 12:51pm

I still think GLXY is undervalued..I suspect the selling will stop eventually. But, as you know, its very hard predicting TOPS and BOTTOMS.

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Comment by 401k88 on Mar 11, 2024 1:00pm

Their crypto holdings may have increased $400 Million last quarter and close to 1 billion this quarter. Earnings can't come soon enough. AUM could be close to 11-12 Billion.

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